£406,649
This estimated value is based upon the latest sale price for the house of £376,000 on 19 Nov 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £376,000 | 19 Nov 2021 |
| £132,000 | 14 Feb 2003 |
| £70,000 | 9 Jul 1999 |
| Detached |
| Freehold |
| Floor Area: 154 sq meters or 1,657 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 November 2021 the House Price Index for WEST MIDLANDS was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £376,000 results in an estimated price of approximately £406,649.
| 19 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £376,000 | £30,649 | £406,649 |
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 | 4.600 % | £17,295 | £393,295 |
| 3 Month Average | -7.459 % | £-28,047 | £347,952 |
| 6 Month Average | -0.268 % | £-1,005 | £374,994 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £137,404 | £135,000 | 8 COURT ROAD |
| 15 Sep 2023 | £339,339 | £335,000 | 14 BROCTON CLOSE |
| 25 Apr 2023 | £283,048 | £280,000 | 3 DUNSFOLD CLOSE |
| 3 Apr 2023 | £202,177 | £200,000 | 10 COURT ROAD |
| 12 Aug 2022 | £303,184 | £304,000 | 7 BYFLEET CLOSE |
This house has a floor area of 154 sq meters or 1,657 sq feet when measured on 6 Oct 2015. Using an estimated price of £406,649 means this house is valued at £2,640 per sq meter (£245 per sq foot).
The average size of a house on ELWELLS CLOSE is 130 sq meters (1,406 sq feet).
This house is the largest in the street with a floor area of 154 sq meters (1,657 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Willingworth Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Court Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wood Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wood Street |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Wood Street |