£449,514
This estimated value is based upon the latest sale price for the house of £350,000 on 28 Jul 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £350,000 | 28 Jul 2017 |
| 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 July 2017 the House Price Index for WEST MIDLANDS was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £350,000 results in an estimated price of approximately £449,514.
| 28 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £350,000 | £99,514 | £449,514 |
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 | 142.686 % | £499,400 | £849,400 |
| 3 Month Average | 25.031 % | £87,607 | £437,607 |
| 6 Month Average | 28.013 % | £98,044 | £448,044 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £116,794 | £115,000 | 59 WESLEY AVENUE |
| 6 Mar 2024 | £121,872 | £120,000 | 142A LYDE GREEN |
| 11 Dec 2023 | £232,133 | £225,000 | 162 LYDE GREEN |
| 29 Sep 2023 | £127,818 | £125,000 | 142 LYDE GREEN |
| 14 Apr 2023 | £191,074 | £187,500 | DENEBANK, 140 LYDE GREEN |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cradley Heath Bus Station |
| May 2024 | Vehicle crime | On or near Cradley Heath (Station) | |
| May 2024 | Vehicle crime | On or near Cradley Heath (Station) | |
| May 2024 | Vehicle crime | On or near Cradley Heath (Station) | |
| May 2024 | Public order | On or near Cradley Heath (Station) |