£130,179
This estimated value is based upon the latest sale price for the house of £71,710 on 23 Dec 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£71,710 | 23 Dec 2008 |
Terraced |
Freehold |
Floor Area: 104 sq meters or 1,124 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 2008 the House Price Index for WEST MIDLANDS was 81.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 81.535%.Applying this 81.535% change to the original purchase price of £71,710 results in an estimated price of approximately £130,179.
23 Dec 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.9 | 148.6 | 81.535 % | £71,710 | £58,469 | £130,179 |
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 | 190.959 % | £136,936 | £208,646 |
3 Month Average | 55.720 % | £39,956 | £111,666 |
6 Month Average | 79.857 % | £57,265 | £128,975 |
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 104 sq meters or 1,124 sq feet when measured on 30 Oct 2008. Using an estimated price of £130,179 means this house is valued at £1,245 per sq meter (£115 per sq foot).
The average size of a house on ELWELL STREET is 84 sq meters (909 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 |