£281,388
This estimated value is based upon the latest sale price for the house of £155,000 on 19 Dec 2005. 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 |
---|---|
£155,000 | 19 Dec 2005 |
£162,484 | 29 Apr 2004 |
Terraced |
Freehold |
Floor Area: 164 sq meters or 1,765 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 December 2005 the House Price Index for WEST MIDLANDS was 82.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.541%.Applying this 81.541% change to the original purchase price of £155,000 results in an estimated price of approximately £281,388.
19 Dec 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.5 | 149.7 | 81.541 % | £155,000 | £126,388 | £281,388 |
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 | 148.358 % | £229,955 | £384,955 |
3 Month Average | 47.874 % | £74,205 | £229,205 |
6 Month Average | 56.127 % | £86,997 | £241,997 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Oct 2023 | £105,394 | £103,000 | 27 ELBOW STREET |
9 Mar 2023 | £437,303 | £430,000 | 169 - 171 HALESOWEN ROAD |
28 Feb 2023 | £95,639 | £95,000 | 22 ELBOW STREET |
4 Jan 2023 | £91,745 | £91,500 | 57 ELBOW STREET |
1 Jul 2022 | £254,551 | £252,000 | 6 SLATER CLOSE |
This house has a floor area of 164 sq meters or 1,765 sq feet when measured on 18 Jun 2015. Using an estimated price of £281,388 means this house is valued at £1,715 per sq meter (£159 per sq foot).
The average size of a house on SLATER CLOSE is 106 sq meters (1,151 sq feet).
This house is the largest in the street with a floor area of 164 sq meters (1,765 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Elbow Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Elbow Street |
Apr 2024 | Anti-social behaviour | On or near Elbow Street | |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Elbow Street |
Apr 2024 | Anti-social behaviour | On or near Elbow Street |