£55,523
This estimated value is based upon the latest sale price for the house of £55,000 on 9 Mar 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£55,000 | 9 Mar 2023 |
£42,000 | 6 Oct 2016 |
£45,000 | 9 Aug 2016 |
£69,950 | 16 Feb 2007 |
£55,000 | 11 Apr 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 516 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 March 2023 the House Price Index for WEST MIDLANDS was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £55,000 results in an estimated price of approximately £55,523.
9 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 148.6 | 0.951 % | £55,000 | £523 | £55,523 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | -12.487 % | £-6,867 | £48,132 |
3 Month Average | -8.852 % | £-4,868 | £50,131 |
6 Month Average | 6.593 % | £3,626 | £58,626 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Jul 2023 | £94,269 | £93,000 | 18 PROLE STREET |
28 Apr 2023 | £146,578 | £145,000 | 42 PROLE STREET |
24 Mar 2023 | £90,856 | £90,000 | 37 SWINFORD ROAD |
9 Mar 2023 | £55,523 | £55,000 | 111 NINE ELMS LANE |
27 Feb 2023 | £117,921 | £118,000 | 6 COLATON CLOSE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 20 Sep 2021. Using an estimated price of £55,523 means this house is valued at £1,156 per sq meter (£107 per sq foot).
The average size of a house on NINE ELMS LANE is 88 sq meters (952 sq feet).
This house is the smallest in the street with a floor area of 48 sq meters (516 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Swinford Road |
Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Swinford Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Swinford Road |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Swinford Road |
Mar 2024 | Robbery | Under investigation | On or near Swinford Road |