£266,293
This estimated value is based upon the latest sale price for the house of £140,000 on 24 Aug 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £140,000 | 24 Aug 2004 |
| £112,950 | 28 Jun 2002 |
| £65,000 | 10 Jan 1997 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 August 2004 the House Price Index for WEST MIDLANDS was 77.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 90.210%.Applying this 90.210% change to the original purchase price of £140,000 results in an estimated price of approximately £266,293.
| 24 Aug 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 146.7 | 90.210 % | £140,000 | £126,293 | £266,293 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 46.597 % | £65,235 | £205,235 |
| 3 Month Average | 55.565 % | £77,790 | £217,790 |
| 6 Month Average | 74.846 % | £104,784 | £244,784 |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 26 Apr 2020.
The average size of a house on ELFORD CLOSE is 83 sq meters (896 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brooklands Drive |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brooklands Drive |
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Brooklands Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sunderton Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sunderton Road |