£86,915
This estimated value is based upon the latest sale price for the house of £85,000 on 26 Sep 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Cradley Road
More crime details
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| Price Paid | Date |
|---|---|
| £85,000 | 26 Sep 2023 |
| £76,000 | 31 Jul 2023 |
| Terraced |
| Freehold |
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 September 2023 the House Price Index for WEST MIDLANDS was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £85,000 results in an estimated price of approximately £86,915.
| 26 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £85,000 | £1,915 | £86,915 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 9.331 % | £7,931 | £92,931 |
| 3 Month Average | -29.388 % | £-24,980 | £60,019 |
| 6 Month Average | -13.338 % | £-11,337 | £73,662 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £30,468 | £30,000 | 8 STATION STREET |
| 26 Sep 2023 | £86,916 | £85,000 | 40 CRADLEY ROAD |
| 31 Aug 2023 | £585,561 | £575,000 | 78 ST ANNES ROAD |
| 2 Oct 2022 | £311,081 | £312,120 | JUBILEE WORKS WOODS LANE |
| 20 May 2022 | £218,903 | £213,200 | 9 LITTLEHILL CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cradley Road |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Cradley Road |
| May 2024 | Possession of weapons | Under investigation | On or near Cradley Road |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Cradley Road |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Macarthur Road |