£543,556
This estimated value is based upon the latest sale price for the house of £440,000 on 18 Jan 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Elmsdale
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| Price Paid | Date |
|---|---|
| £440,000 | 18 Jan 2019 |
| £380,000 | 25 May 2006 |
| Detached |
| Freehold |
| Floor Area: 229 sq meters or 2,464 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 January 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £440,000 results in an estimated price of approximately £543,556.
| 18 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £440,000 | £103,556 | £543,556 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 66.961 % | £294,626 | £734,626 |
| 3 Month Average | 17.695 % | £77,859 | £517,859 |
| 6 Month Average | 16.708 % | £73,513 | £513,513 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £437,658 | £430,000 | 15 FIRSWAY |
| 15 Sep 2023 | £517,112 | £510,500 | 222 BRIDGNORTH ROAD |
| 7 Jul 2023 | £471,344 | £465,000 | 6 THE HERONRY |
| 5 Jun 2023 | £113,373 | £112,000 | 8 CLEE HILL DRIVE |
| 26 Apr 2023 | £581,259 | £575,000 | 27 CASTLECROFT LANE |
This house has a floor area of 229 sq meters or 2,464 sq feet when measured on 10 Aug 2012. Using an estimated price of £543,556 means this house is valued at £2,373 per sq meter (£220 per sq foot).
The average size of a house on WIGHTWICK BANK is 296 sq meters (3,195 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Elmsdale |
| Mar 2024 | Vehicle crime | Under investigation | On or near Elmsdale |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Elmsdale |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Castlecroft Lane |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Castlecroft Lane |