£270,980
This estimated value is based upon the latest sale price for the house of £80,000 on 27 Jul 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £80,000 | 27 Jul 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 906 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 2001 the House Price Index for WEST MIDLANDS was 44.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 238.726%.Applying this 238.726% change to the original purchase price of £80,000 results in an estimated price of approximately £270,980.
| 27 Jul 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.2 | 149.7 | 238.726 % | £80,000 | £190,980 | £270,980 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | 258.122 % | £206,497 | £286,497 |
| 3 Month Average | 234.856 % | £187,884 | £267,884 |
| 6 Month Average | 229.771 % | £183,816 | £263,816 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £297,553 | £290,000 | 80 VERA ROAD |
| 25 Sep 2023 | £235,184 | £230,000 | 37 ELMCROFT ROAD |
| 25 Aug 2023 | £300,418 | £295,000 | 10 ELMCROFT ROAD |
| 9 Jun 2023 | £331,646 | £325,000 | 84 ELMCROFT ROAD |
| 17 Apr 2023 | £305,718 | £300,000 | 126 MOAT LANE |
This house has a floor area of 84 sq meters or 906 sq feet when measured on 22 Sep 2010. Using an estimated price of £270,981 means this house is valued at £3,219 per sq meter (£299 per sq foot).
The average size of a house on ELMCROFT ROAD is 82 sq meters (884 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elmcroft Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elmcroft Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elmcroft Road |
| Jun 2024 | Robbery | Investigation complete; no suspect identified | On or near Elmcroft Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elmcroft Road |