£279,531
This estimated value is based upon the latest sale price for the house of £167,000 on 22 Mar 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £167,000 | 22 Mar 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 March 2013 the House Price Index for WEST MIDLANDS was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.384%.Applying this 67.384% change to the original purchase price of £167,000 results in an estimated price of approximately £279,531.
| 22 Mar 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.6 | 67.384 % | £167,000 | £112,531 | £279,531 |
The Postcode Pricing Model uses changes in average sales price within the WS9 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 | 12.284 % | £20,513 | £187,513 |
| 3 Month Average | 61.823 % | £103,245 | £270,245 |
| 6 Month Average | 58.865 % | £98,305 | £265,305 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £274,057 | £270,000 | 16 CRANLEIGH CLOSE |
| 3 Nov 2023 | £197,930 | £195,000 | 10 TWYFORD CLOSE |
| 14 Sep 2023 | £184,357 | £182,000 | 23 TWYFORD CLOSE |
| 20 Jan 2023 | £330,443 | £332,000 | 4 WESTON CRESCENT |
| 16 Sep 2022 | £292,929 | £295,295 | 14 SANDRA CLOSE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 17 Jan 2013. Using an estimated price of £279,532 means this house is valued at £3,367 per sq meter (£312 per sq foot).
The average size of a house on CRANLEIGH CLOSE is 102 sq meters (1,104 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Under investigation | On or near Twyford Close |
| Mar 2024 | Public order | Under investigation | On or near Cavendish Way |
| Feb 2024 | Drugs | Under investigation | On or near Cavendish Way |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Cavendish Way |
| Feb 2024 | Other crime | Under investigation | On or near Cavendish Way |