£116,137
This estimated value is based upon the latest sale price for the house of £68,191 on 16 Aug 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £68,191 | 16 Aug 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 August 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 70.312%.Applying this 70.312% change to the original purchase price of £68,191 results in an estimated price of approximately £116,137.
| 16 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.312 % | £68,191 | £47,946 | £116,137 |
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 | 56.875 % | £38,783 | £106,974 |
| 3 Month Average | 64.549 % | £44,016 | £112,207 |
| 6 Month Average | 76.378 % | £52,082 | £120,273 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £192,855 | £190,000 | 48 ELSTON HALL LANE |
| 29 Sep 2023 | £173,215 | £171,000 | 73 ELSTON HALL LANE |
| 28 Apr 2023 | £119,284 | £118,000 | 20 ALLESTON ROAD |
| 29 Jul 2022 | £178,480 | £178,000 | 86 MORETON ROAD |
| 8 Jul 2022 | £115,310 | £115,000 | 41 ELSTON HALL LANE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 12 Apr 2012. Using an estimated price of £116,138 means this house is valued at £1,416 per sq meter (£131 per sq foot).
The average size of a house on MORETON ROAD is 85 sq meters (916 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Under investigation | On or near Moreton Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elston Hall Lane |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Elston Hall Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alleston Road |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Alleston Road |