£137,088
This estimated value is based upon the latest sale price for the house of £93,000 on 20 Mar 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £93,000 | 20 Mar 2015 |
| £94,000 | 16 Feb 2007 |
| £86,950 | 20 Nov 2003 |
| Detached |
| Freehold |
| Floor Area: 36 sq meters or 392 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 March 2015 the House Price Index for WEST MIDLANDS was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £93,000 results in an estimated price of approximately £137,088.
| 20 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £93,000 | £44,088 | £137,088 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 83.107 % | £77,289 | £170,289 |
| 3 Month Average | 52.947 % | £49,240 | £142,240 |
| 6 Month Average | 53.201 % | £49,477 | £142,477 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jan 2023 | £220,959 | £222,000 | 43 WELLINGTON ROAD |
| 18 Nov 2022 | £142,277 | £144,000 | 11A REGENT STREET |
| 25 Apr 2022 | £169,917 | £165,000 | 64 GREENCROFT |
| 18 Feb 2022 | £56,630 | £54,000 | 26 THE CRESCENT |
| 22 Dec 2021 | £98,567 | £92,000 | 8C ALICE STREET |
This house has a floor area of 36 sq meters or 392 sq feet when measured on 25 Aug 2011. Using an estimated price of £137,088 means this house is valued at £3,755 per sq meter (£348 per sq foot).
The average size of a house on ELM AVENUE is 130 sq meters (1,408 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Elm Avenue | |
| Mar 2024 | Anti-social behaviour | On or near Elm Avenue | |
| Jan 2024 | Robbery | Awaiting court outcome | On or near Dover Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Arthur Street |
| Feb 2024 | Drugs | Local resolution | On or near Arthur Street |