£186,147
This estimated value is based upon the latest sale price for the house of £107,500 on 27 Jan 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Elms Close
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| Price Paid | Date |
|---|---|
| £107,500 | 27 Jan 2012 |
| £37,000 | 16 Jun 1995 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 891 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 January 2012 the House Price Index for WEST MIDLANDS was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.160%.Applying this 73.160% change to the original purchase price of £107,500 results in an estimated price of approximately £186,147.
| 27 Jan 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 149.7 | 73.160 % | £107,500 | £78,647 | £186,147 |
The Postcode Pricing Model uses changes in average sales price within the B38 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 | 6.492 % | £6,978 | £114,478 |
| 3 Month Average | 56.108 % | £60,316 | £167,816 |
| 6 Month Average | 59.941 % | £64,436 | £171,936 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £216,657 | £210,000 | 384 REDNAL ROAD |
| 30 Nov 2023 | £169,297 | £165,000 | 5 LITTLEMEAD AVENUE |
| 16 Oct 2023 | £200,555 | £196,000 | 456 REDNAL ROAD |
| 13 Oct 2023 | £219,997 | £215,000 | 113 WAKEFORD ROAD |
| 22 Sep 2023 | £243,365 | £238,000 | 403 REDNAL ROAD |
This house has a floor area of 82 sq meters or 891 sq feet when measured on 31 Aug 2011. Using an estimated price of £186,147 means this house is valued at £2,246 per sq meter (£208 per sq foot).
The average size of a house on REDNAL ROAD is 106 sq meters (1,141 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Elms Close | |
| Jun 2024 | Anti-social behaviour | On or near Elms Close | |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Elms Close |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Elms Close |
| Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near Orwell Drive |