£244,028
This estimated value is based upon the latest sale price for the house of £163,000 on 31 Oct 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £163,000 | 31 Oct 2014 |
| £141,995 | 14 May 2004 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 October 2014 the House Price Index for WEST MIDLANDS was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £163,000 results in an estimated price of approximately £244,028.
| 31 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £163,000 | £81,028 | £244,028 |
The Postcode Pricing Model uses changes in average sales price within the WS5 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 | 47.128 % | £76,819 | £239,819 |
| 3 Month Average | 44.629 % | £72,744 | £235,744 |
| 6 Month Average | 39.082 % | £63,703 | £226,703 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jan 2022 | £358,108 | £340,275 | 2 ELDERBERRY CLOSE |
| 29 Sep 2021 | £285,562 | £265,000 | 8 HYACINTH CLOSE |
| 24 Sep 2021 | £210,129 | £194,999 | 34 POPPY DRIVE |
| 6 Nov 2020 | £168,686 | £145,500 | 23 POPPY DRIVE |
| 21 Sep 2020 | £356,214 | £300,000 | 6 HYACINTH CLOSE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 4 Sep 2012. Using an estimated price of £244,028 means this house is valued at £2,324 per sq meter (£215 per sq foot).
The average size of a house on ELDERBERRY CLOSE is 112 sq meters (1,208 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Elderberry Close | |
| Dec 2023 | Anti-social behaviour | On or near Elderberry Close | |
| Dec 2023 | Anti-social behaviour | On or near Elderberry Close | |
| Dec 2023 | Anti-social behaviour | On or near Elderberry Close | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mallow Close |