£216,953
This estimated value is based upon the latest sale price for the house of £136,000 on 28 Feb 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £136,000 | 28 Feb 2014 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 February 2014 the House Price Index for WEST MIDLANDS was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £136,000 results in an estimated price of approximately £216,953.
| 28 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 149.7 | 59.525 % | £136,000 | £80,953 | £216,953 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 108.942 % | £148,160 | £284,160 |
| 3 Month Average | 77.030 % | £104,760 | £240,760 |
| 6 Month Average | 58.805 % | £79,974 | £215,974 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £389,983 | £378,000 | 47 WOODTHORPE ROAD |
| 17 Nov 2023 | £279,084 | £272,000 | 42 ELFORD CLOSE |
| 20 Oct 2023 | £194,416 | £190,000 | 8 WOODTHORPE ROAD |
| 30 Aug 2023 | £330,969 | £325,000 | 17 BROOKLANDS DRIVE |
| 22 Jul 2022 | £16,414 | £16,250 | 5 BROOKLANDS DRIVE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 8 Jan 2014. Using an estimated price of £216,954 means this house is valued at £3,499 per sq meter (£325 per sq foot).
The average size of a house on ELFORD CLOSE is 83 sq meters (896 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elford Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elford Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brooklands Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whittington Close |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Sunderton Road |