£117,405
This estimated value is based upon the latest sale price for the house of £95,000 on 13 Dec 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £95,000 | 13 Dec 2019 |
| £71,500 | 2 Apr 2004 |
| £37,000 | 29 Jun 2001 |
| £33,950 | 27 Sep 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 846 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 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £95,000 results in an estimated price of approximately £117,405.
| 13 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £95,000 | £22,405 | £117,405 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | -3.264 % | £-3,100 | £91,899 |
| 3 Month Average | 22.997 % | £21,847 | £116,847 |
| 6 Month Average | 18.767 % | £17,828 | £112,828 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £162,497 | £160,000 | 124 MORETON ROAD |
| 7 Mar 2024 | £143,200 | £141,000 | 54 ELSTON HALL LANE |
| 18 Dec 2023 | £278,560 | £270,000 | 96 MORETON ROAD |
| 14 Dec 2023 | £190,865 | £185,000 | 315 BUSHBURY LANE |
| 22 Sep 2023 | £194,283 | £190,000 | 133 ELSTON HALL LANE |
This house has a floor area of 78 sq meters or 846 sq feet when measured on 8 Mar 2012. Using an estimated price of £117,405 means this house is valued at £1,493 per sq meter (£138 per sq foot).
The average size of a house on ELSTON HALL LANE is 83 sq meters (903 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Short Road |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Short Road |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Short Road |
| May 2024 | Drugs | Awaiting court outcome | On or near Short Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Short Road |