£469,292
This estimated value is based upon the latest sale price for the house of £87,000 on 16 Dec 1996. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £87,000 | 16 Dec 1996 |
| Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 1996 the House Price Index for WEST MIDLANDS was 27.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 439.417%.Applying this 439.417% change to the original purchase price of £87,000 results in an estimated price of approximately £469,292.
| 16 Dec 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.5 | 148.6 | 439.417 % | £87,000 | £382,292 | £469,292 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 328.259 % | £285,585 | £372,585 |
| 3 Month Average | 266.618 % | £231,957 | £318,957 |
| 6 Month Average | 285.213 % | £248,135 | £335,135 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £364,663 | £360,000 | 9 CANWELL GARDENS |
| 29 Jun 2023 | £374,587 | £370,050 | 2 RUSHBURY CLOSE |
| 12 Aug 2022 | £284,235 | £285,000 | 8 ELFORD GROVE |
| 17 Dec 2021 | £84,639 | £79,000 | 25 WESTON DRIVE |
| 17 Dec 2021 | £342,841 | £320,000 | 101 WESTON DRIVE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 4 Jul 2017. Using an estimated price of £469,292 means this house is valued at £3,846 per sq meter (£357 per sq foot).
The average size of a house on ELFORD GROVE is 175 sq meters (1,884 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Elford Grove |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upton Gardens |
| Feb 2024 | Other theft | Under investigation | On or near Upton Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upton Gardens |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Upton Gardens |