£206,734
This estimated value is based upon the latest sale price for the house of £168,000 on 8 Aug 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £168,000 | 8 Aug 2019 |
| £51,000 | 1 Jun 1995 |
| Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 August 2019 the House Price Index for WEST MIDLANDS was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £168,000 results in an estimated price of approximately £206,734.
| 8 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £168,000 | £38,734 | £206,734 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | 46.141 % | £77,517 | £245,517 |
| 3 Month Average | 11.448 % | £19,232 | £187,232 |
| 6 Month Average | 6.883 % | £11,564 | £179,564 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2022 | £277,017 | £280,000 | 1 PAGET ROAD |
| 8 Jul 2022 | £226,059 | £225,450 | 5 CRANMORE ROAD |
| 4 Jul 2022 | £146,895 | £146,500 | 64 CRANMORE ROAD |
| 12 May 2022 | £322,069 | £316,000 | 37 CLARK ROAD |
| 26 Apr 2022 | £283,195 | £275,000 | 117 TETTENHALL ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 9 Jun 2015. Using an estimated price of £206,735 means this house is valued at £2,403 per sq meter (£223 per sq foot).
The average size of a house on CRANMORE ROAD is 100 sq meters (1,086 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cranmore Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cranmore Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cranmore Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cranmore Road |
| Jan 2024 | Public order | Under investigation | On or near Cranmore Road |