£318,499
This estimated value is based upon the latest sale price for the house of £320,000 on 27 Jan 2023. 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 Crabtree Close
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| Price Paid | Date |
|---|---|
| £320,000 | 27 Jan 2023 |
| £185,000 | 27 Nov 2009 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,122 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 January 2023 the House Price Index for WEST MIDLANDS was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £320,000 results in an estimated price of approximately £318,499.
| 27 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.6 | -0.469 % | £320,000 | £-1,500 | £318,499 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | -24.136 % | £-77,234 | £242,765 |
| 3 Month Average | 0.116 % | £370 | £320,370 |
| 6 Month Average | 3.420 % | £10,945 | £330,945 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £227,914 | £225,000 | 9 BEVERLEY CRESCENT |
| 27 Jan 2023 | £318,500 | £320,000 | 3 CRABTREE CLOSE |
| 26 Aug 2022 | £89,758 | £90,000 | FLAT 181 WESLEY COURT BIRMINGHAM NEW ROAD |
| 19 Aug 2022 | £215,919 | £216,500 | 8 WORDSWORTH AVENUE |
| 27 Nov 2020 | £153,035 | £132,000 | 53 WORDSWORTH AVENUE |
This house has a floor area of 104 sq meters or 1,122 sq feet when measured on 1 Apr 2011. Using an estimated price of £318,500 means this house is valued at £3,053 per sq meter (£283 per sq foot).
The average size of a house on CRABTREE CLOSE is 115 sq meters (1,238 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Crabtree Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Crabtree Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crabtree Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crabtree Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Crabtree Close |