£261,579
This estimated value is based upon the latest sale price for the house of £195,000 on 26 Jul 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£195,000 | 26 Jul 2016 |
£108,000 | 17 Jun 2002 |
£29,484 | 1 Aug 2000 |
Semi-Detached |
Leasehold |
Floor Area: 73 sq meters or 785 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 July 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £195,000 results in an estimated price of approximately £261,579.
26 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.143 % | £195,000 | £66,579 | £261,579 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | 44.419 % | £86,616 | £281,616 |
3 Month Average | 41.066 % | £80,079 | £275,079 |
6 Month Average | 45.075 % | £87,896 | £282,896 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Feb 2023 | £256,715 | £255,000 | 150 ELMAY ROAD |
20 Feb 2023 | £221,479 | £220,000 | 183 GARRETTS GREEN LANE |
6 Jan 2023 | £240,643 | £240,000 | 30 HORRELL ROAD |
30 Sep 2022 | £224,850 | £225,000 | 165 GARRETTS GREEN LANE |
22 Jul 2022 | £222,227 | £220,000 | 44 HORRELL ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 4 May 2016. Using an estimated price of £261,579 means this house is valued at £3,583 per sq meter (£332 per sq foot).
The average size of a house on ELMAY ROAD is 72 sq meters (782 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Drugs | Local resolution | On or near Elmay Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elmay Road |
Jul 2024 | Anti-social behaviour | On or near Elmay Road | |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elmay Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elmay Road |