£74,550
This estimated value is based upon the latest sale price for the house of £60,500 on 15 May 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £60,500 | 15 May 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 May 2020 the House Price Index for WEST MIDLANDS was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £60,500 results in an estimated price of approximately £74,550.
| 15 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £60,500 | £14,050 | £74,550 |
The Postcode Pricing Model uses changes in average sales price within the B37 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 | 10.272 % | £6,214 | £66,714 |
| 3 Month Average | 15.323 % | £9,270 | £69,770 |
| 6 Month Average | 6.611 % | £3,999 | £64,499 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £110,964 | £110,000 | 7 CRANEBERRY ROAD |
| 29 Sep 2023 | £199,396 | £195,000 | 277 TILE CROSS ROAD |
| 2 Jun 2023 | £158,170 | £155,000 | 9 LOYNS CLOSE |
| 24 Feb 2023 | £132,888 | £132,000 | 59 OAK CROFT |
| 20 Jan 2023 | £160,429 | £160,000 | 299 TILE CROSS ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 12 Nov 2019. Using an estimated price of £74,550 means this house is valued at £1,080 per sq meter (£100 per sq foot).
The average size of a house on CRANEBERRY ROAD is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Robbery | Under investigation | On or near Craneberry Road |
| Jul 2024 | Robbery | Under investigation | On or near Craneberry Road |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Craneberry Road |
| Jul 2024 | Other theft | Under investigation | On or near Craneberry Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Craneberry Road |