£191,009
This estimated value is based upon the latest sale price for the house of £130,000 on 21 Apr 2015. 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 Avenue
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| Price Paid | Date |
|---|---|
| £130,000 | 21 Apr 2015 |
| £68,500 | 14 Dec 2001 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 April 2015 the House Price Index for WEST MIDLANDS was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £130,000 results in an estimated price of approximately £191,009.
| 21 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 148.6 | 46.930 % | £130,000 | £61,009 | £191,009 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 29.922 % | £38,898 | £168,898 |
| 3 Month Average | 47.667 % | £61,966 | £191,966 |
| 6 Month Average | 53.194 % | £69,151 | £199,151 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £101,781 | £100,000 | 14 ASHWOOD AVENUE |
| 10 Nov 2023 | £268,982 | £265,000 | 195 BARKERS BUTTS LANE |
| 29 Sep 2023 | £215,252 | £212,500 | 24 ASHWOOD AVENUE |
| 2 Aug 2023 | £237,074 | £235,000 | 60 MAX ROAD |
| 14 Jun 2023 | £259,139 | £256,000 | 8 ASHWOOD AVENUE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 16 Feb 2015. Using an estimated price of £191,010 means this house is valued at £2,480 per sq meter (£230 per sq foot).
The average size of a house on BARKERS BUTTS LANE is 93 sq meters (1,002 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Robbery | Investigation complete; no suspect identified | On or near Elmwood Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elmwood Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elmwood Avenue |
| Feb 2024 | Burglary | Under investigation | On or near Elmwood Avenue |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Ashwood Avenue |