£206,418
This estimated value is based upon the latest sale price for the house of £113,000 on 30 Sep 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £113,000 | 30 Sep 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 528 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 September 2005 the House Price Index for WEST MIDLANDS was 81.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.671%.Applying this 82.671% change to the original purchase price of £113,000 results in an estimated price of approximately £206,418.
| 30 Sep 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.3 | 148.6 | 82.671 % | £113,000 | £93,418 | £206,418 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 39.641 % | £44,793 | £157,793 |
| 3 Month Average | 48.345 % | £54,629 | £167,629 |
| 6 Month Average | 73.311 % | £82,840 | £195,840 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £97,443 | £96,000 | 316 - 318 PRESTWOOD ROAD |
| 15 Sep 2023 | £141,813 | £140,000 | 21 BRAMERTON CLOSE |
| 14 Jul 2023 | £233,645 | £230,500 | 13 THE GROVE |
| 4 Apr 2023 | £171,850 | £170,000 | 2A WICKHAM GARDENS |
| 3 Mar 2023 | £201,902 | £200,000 | 12 THE GROVE |
This house has a floor area of 49 sq meters or 528 sq feet when measured on 1 Sep 2010. Using an estimated price of £206,418 means this house is valued at £4,203 per sq meter (£390 per sq foot).
The average size of a house on ELDER GROVE is 63 sq meters (686 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Elder Grove |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elder Grove |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wickham Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Grove |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Grove |