£134,444
This estimated value is based upon the latest sale price for the house of £68,000 on 3 Jun 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £68,000 | 3 Jun 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 June 2004 the House Price Index for WEST MIDLANDS was 75.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 97.712%.Applying this 97.712% change to the original purchase price of £68,000 results in an estimated price of approximately £134,444.
| 3 Jun 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 148.6 | 97.712 % | £68,000 | £66,444 | £134,444 |
The Postcode Pricing Model uses changes in average sales price within the B28 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 | 50.622 % | £34,422 | £102,422 |
| 3 Month Average | 41.203 % | £28,018 | £96,018 |
| 6 Month Average | 82.310 % | £55,970 | £123,970 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £189,303 | £186,500 | 167 MAPLETON ROAD |
| 16 Jun 2023 | £80,032 | £79,063 | 15 LAKEFIELD CLOSE |
| 30 Jan 2023 | £194,086 | £195,000 | 266 LAKEY LANE |
| 5 Jul 2022 | £120,324 | £120,000 | FLAT 1 181 LAKEY LANE |
| 11 Apr 2022 | £221,407 | £215,000 | 114 ARKLEY ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 21 Jul 2021. Using an estimated price of £134,444 means this house is valued at £2,006 per sq meter (£186 per sq foot).
The average size of a house on CRESWELL ROAD is 90 sq meters (976 sq feet).
This house is the smallest in the street with a floor area of 67 sq meters (721 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Creswell Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Creswell Road |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Creswell Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lakefield Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lakefield Close |