£140,231
This estimated value is based upon the latest sale price for the house of £109,995 on 31 Jul 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £109,995 | 31 Jul 2017 |
| £85,000 | 11 Apr 2008 |
| £45,500 | 10 Oct 2001 |
| £37,500 | 27 Mar 1997 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 July 2017 the House Price Index for WEST MIDLANDS was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £109,995 results in an estimated price of approximately £140,231.
| 31 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £109,995 | £30,236 | £140,231 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 58.517 % | £64,365 | £174,360 |
| 3 Month Average | 31.264 % | £34,388 | £144,383 |
| 6 Month Average | 41.876 % | £46,061 | £156,056 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £384,922 | £380,000 | 3 DERWENT CLOSE |
| 13 Sep 2023 | £126,619 | £125,000 | 12 ALBION ROAD |
| 1 Jun 2023 | £140,704 | £139,000 | 51 GOUGH STREET |
| 28 Apr 2023 | £157,698 | £156,000 | 2 BARCROFT |
| 16 Nov 2022 | £30,629 | £31,000 | UNIT 2B CHARLES HOLLAND STREET |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 31 Mar 2015. Using an estimated price of £140,231 means this house is valued at £1,752 per sq meter (£162 per sq foot).
The average size of a house on ELM STREET is 101 sq meters (1,087 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Elm Street |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Gough Street |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Gough Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gough Street |
| Feb 2024 | Anti-social behaviour | On or near Gough Street |