£384,910
This estimated value is based upon the latest sale price for the house of £305,000 on 31 Oct 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Springfield Crescent
More crime details
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| Price Paid | Date |
|---|---|
| £305,000 | 31 Oct 2017 |
| Terraced |
| Freehold |
| Floor Area: 128 sq meters or 1,377 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in October 2017 the House Price Index for WEST MIDLANDS was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £305,000 results in an estimated price of approximately £384,910.
| 31 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £305,000 | £79,910 | £384,910 |
The Postcode Pricing Model uses changes in average sales price within the B92 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 38.058 % | £116,077 | £421,077 |
| 3 Month Average | 9.608 % | £29,305 | £334,305 |
| 6 Month Average | 17.082 % | £52,099 | £357,099 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Oct 2022 | £252,284 | £255,000 | 7 HATCHFORD BROOK WAY |
| 3 May 2022 | £331,241 | £325,000 | 76 CHARINGWORTH ROAD |
| 22 Apr 2022 | £339,834 | £330,000 | 699 OLD LODE LANE |
| 11 Feb 2022 | £299,927 | £286,000 | 930 OLD LODE LANE |
| 9 Feb 2022 | £401,126 | £382,500 | 36 SPRINGFIELD CRESCENT |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 10 Mar 2017. Using an estimated price of £384,910 means this house is valued at £3,007 per sq meter (£279 per sq foot).
The average size of a house on OLD LODE LANE is 86 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Springfield Crescent |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Springfield Crescent |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Springfield Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springfield Crescent |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Hatchford Brook Road |