£239,858
This estimated value is based upon the latest sale price for the house of £153,500 on 24 Aug 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Elbow Street
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Price Paid | Date |
---|---|
£153,500 | 24 Aug 2007 |
£153,000 | 1 Jun 2007 |
£134,000 | 11 Mar 2004 |
Terraced |
Freehold |
Floor Area: 112 sq meters or 1,205 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 August 2007 the House Price Index for WEST MIDLANDS was 94.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 56.259%.Applying this 56.259% change to the original purchase price of £153,500 results in an estimated price of approximately £239,858.
24 Aug 2007 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.7 | 148.0 | 56.259 % | £153,500 | £86,358 | £239,858 |
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 | 40.528 % | £62,209 | £215,709 |
3 Month Average | 32.156 % | £49,359 | £202,859 |
6 Month Average | 42.573 % | £65,349 | £218,849 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Mar 2023 | £432,337 | £430,000 | 169 - 171 HALESOWEN ROAD |
1 Jul 2022 | £251,660 | £252,000 | 6 SLATER CLOSE |
22 Jun 2022 | £183,863 | £182,000 | 2 ELBOW STREET |
15 Jun 2022 | £277,816 | £275,000 | 4 SLATER CLOSE |
18 Mar 2022 | £111,464 | £108,000 | 21 ELBOW STREET |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 18 Jun 2015. Using an estimated price of £239,858 means this house is valued at £2,141 per sq meter (£198 per sq foot).
The average size of a house on SLATER CLOSE is 108 sq meters (1,169 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Elbow Street | |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Elbow Street |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elbow Street |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Elbow Street |
Apr 2024 | Shoplifting | Under investigation | On or near King Street |