£175,925
This estimated value is based upon the latest sale price for the house of £117,500 on 7 Nov 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£117,500 | 7 Nov 2014 |
£108,500 | 10 Jun 2005 |
Semi-Detached |
Freehold |
Floor Area: 61 sq meters or 656 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 November 2014 the House Price Index for WEST MIDLANDS was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £117,500 results in an estimated price of approximately £175,925.
7 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 148.6 | 49.724 % | £117,500 | £58,425 | £175,925 |
The Postcode Pricing Model uses changes in average sales price within the B30 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 | 74.220 % | £87,207 | £204,707 |
3 Month Average | 60.209 % | £70,745 | £188,245 |
6 Month Average | 46.050 % | £54,108 | £171,608 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £248,171 | £246,000 | 149 BALDWIN ROAD |
10 Feb 2023 | £232,843 | £233,000 | 139 BALDWIN ROAD |
20 Jan 2023 | £233,898 | £235,000 | 29 BROAD MEADOW LANE |
19 Jan 2023 | £179,156 | £180,000 | 133 BALDWIN ROAD |
25 Jul 2022 | £175,472 | £175,000 | 59 ELDERFIELD ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 7 Jul 2014. Using an estimated price of £175,926 means this house is valued at £2,884 per sq meter (£267 per sq foot).
The average size of a house on ELDERFIELD ROAD is 70 sq meters (755 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Possession of weapons | Under investigation | On or near Elderfield Road |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Elderfield Road |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Elderfield Road |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Elderfield Road |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Elderfield Road |