£306,894
This estimated value is based upon the latest sale price for the house of £250,000 on 30 Apr 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£250,000 | 30 Apr 2020 |
Detached |
Freehold |
Floor Area: 102 sq meters or 1,097 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 2020 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.758%.Applying this 22.758% change to the original purchase price of £250,000 results in an estimated price of approximately £306,894.
30 Apr 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.758 % | £250,000 | £56,894 | £306,894 |
The Postcode Pricing Model uses changes in average sales price within the DY1 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 | 12.156 % | £30,389 | £280,389 |
3 Month Average | 27.666 % | £69,164 | £319,164 |
6 Month Average | 51.243 % | £128,107 | £378,107 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £197,930 | £195,000 | 47 ELWELL CRESCENT |
30 Jun 2023 | £182,207 | £180,000 | 3 ELWELL CRESCENT |
30 May 2022 | £143,198 | £140,500 | 1B HEATH GREEN |
28 Jan 2022 | £199,958 | £190,000 | 38 SYCAMORE GREEN |
15 Oct 2021 | £221,296 | £200,000 | 130 EVE LANE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 23 Mar 2020. Using an estimated price of £306,895 means this house is valued at £3,008 per sq meter (£279 per sq foot).
The average size of a house on SHEARING CLOSE is 166 sq meters (1,786 sq feet).
This house is the smallest in the street with a floor area of 102 sq meters (1,097 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shearing Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elwell Crescent |
Feb 2024 | Burglary | Under investigation | On or near Elwell Crescent |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Elwell Crescent |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Elwell Crescent |