£286,770
This estimated value is based upon the latest sale price for the house of £184,450 on 15 Oct 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£184,450 | 15 Oct 2007 |
Semi-Detached |
Freehold |
Floor Area: 38 sq meters or 415 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 October 2007 the House Price Index for WEST MIDLANDS was 95.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.473%.Applying this 55.473% change to the original purchase price of £184,450 results in an estimated price of approximately £286,770.
15 Oct 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.6 | 148.6 | 55.473 % | £184,450 | £102,320 | £286,770 |
The Postcode Pricing Model uses changes in average sales price within the WS10 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 | 104.702 % | £193,122 | £377,572 |
3 Month Average | 21.268 % | £39,228 | £223,678 |
6 Month Average | 59.097 % | £109,004 | £293,454 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Mar 2024 | £300,000 | £300,000 | 17 MELIA DRIVE |
11 Sep 2023 | £253,238 | £250,000 | 21 MELIA DRIVE |
14 Jul 2023 | £117,583 | £116,000 | 31 ELWELL STREET |
15 Jun 2023 | £288,495 | £285,000 | 28 OLDBURY STREET |
27 Oct 2022 | £296,804 | £300,000 | 49 OLDBURY STREET |
This house has a floor area of 38 sq meters or 415 sq feet when measured on 18 Feb 2009. Using an estimated price of £286,771 means this house is valued at £7,421 per sq meter (£689 per sq foot).
The average size of a house on ELWELL STREET is 84 sq meters (909 sq feet).
This house is the smallest in the street with a floor area of 38 sq meters (415 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Sampson Street | |
Jan 2024 | Anti-social behaviour | On or near Sampson Street | |
Jan 2024 | Anti-social behaviour | On or near Sampson Street | |
Jan 2024 | Other crime | Unable to prosecute suspect | On or near Sampson Street |
Mar 2024 | Burglary | Under investigation | On or near Melia Drive |