£102,130
This estimated value is based upon the latest sale price for the house of £60,000 on 27 Jul 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £60,000 | 27 Jul 2012 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2012 the House Price Index for WEST MIDLANDS was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.218%.Applying this 70.218% change to the original purchase price of £60,000 results in an estimated price of approximately £102,130.
| 27 Jul 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.218 % | £60,000 | £42,130 | £102,130 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 114.222 % | £68,533 | £128,533 |
| 3 Month Average | 60.461 % | £36,276 | £96,276 |
| 6 Month Average | 68.388 % | £41,032 | £101,032 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2023 | £49,028 | £48,500 | 24 NINE ELMS LANE |
| 24 Mar 2023 | £90,856 | £90,000 | 37 SWINFORD ROAD |
| 27 Feb 2023 | £117,921 | £118,000 | 6 COLATON CLOSE |
| 29 Jul 2022 | £143,386 | £143,000 | 36 SWINFORD ROAD |
| 7 Jun 2022 | £106,505 | £105,000 | 76 NINE ELMS LANE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 27 Jun 2012. Using an estimated price of £102,131 means this house is valued at £1,098 per sq meter (£102 per sq foot).
The average size of a house on NINE ELMS LANE is 88 sq meters (952 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Nine Elms Lane |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Colaton Close |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Colaton Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stratton Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stratton Street |