£224,860
This estimated value is based upon the latest sale price for the house of £135,000 on 21 Jun 2013. 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 Elmwood Road
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| Price Paid | Date |
|---|---|
| £135,000 | 21 Jun 2013 |
| £119,950 | 8 Apr 2011 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 June 2013 the House Price Index for WEST MIDLANDS was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £135,000 results in an estimated price of approximately £224,860.
| 21 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 148.6 | 66.563 % | £135,000 | £89,860 | £224,860 |
The Postcode Pricing Model uses changes in average sales price within the B24 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 | -20.862 % | £-28,163 | £106,836 |
| 3 Month Average | 53.418 % | £72,113 | £207,113 |
| 6 Month Average | 48.872 % | £65,977 | £200,977 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £182,705 | £180,000 | 23 QUORN GROVE |
| 29 Sep 2023 | £85,088 | £84,000 | FLAT 2 25 ISMERE ROAD |
| 19 Apr 2023 | £222,395 | £220,000 | 36 ISMERE ROAD |
| 14 Mar 2023 | £117,103 | £116,000 | 7 QUORN GROVE |
| 27 Feb 2023 | £204,862 | £205,000 | 35 ELMWOOD ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 28 Apr 2009. Using an estimated price of £224,860 means this house is valued at £2,226 per sq meter (£206 per sq foot).
The average size of a house on BRACKEN ROAD is 91 sq meters (986 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Elmwood Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Elmwood Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elmwood Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Elmwood Road |
| Mar 2024 | Drugs | Local resolution | On or near Elmwood Road |