£283,725
This estimated value is based upon the latest sale price for the house of £87,950 on 30 Nov 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £87,950 | 30 Nov 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 November 2001 the House Price Index for WEST MIDLANDS was 46.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 222.599%.Applying this 222.599% change to the original purchase price of £87,950 results in an estimated price of approximately £283,725.
| 30 Nov 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 149.7 | 222.599 % | £87,950 | £195,775 | £283,725 |
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 | 239.860 % | £210,957 | £298,907 |
| 3 Month Average | 218.355 % | £192,043 | £279,993 |
| 6 Month Average | 216.991 % | £190,843 | £278,793 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £235,184 | £230,000 | 37 ELMCROFT ROAD |
| 25 Aug 2023 | £300,418 | £295,000 | 10 ELMCROFT ROAD |
| 28 Feb 2023 | £100,672 | £100,000 | 78 ORCHARD RISE |
| 3 Feb 2023 | £40,264 | £39,995 | FLAT 1 GUARDIAN COURT, 139 MOAT LANE |
| 31 Oct 2022 | £114,617 | £115,000 | 132 ORCHARD RISE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 17 Sep 2020. Using an estimated price of £283,726 means this house is valued at £3,733 per sq meter (£346 per sq foot).
The average size of a house on ORCHARD RISE is 55 sq meters (599 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 |