£318,948
This estimated value is based upon the latest sale price for the house of £310,000 on 28 Jul 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £310,000 | 28 Jul 2023 |
| £265,000 | 5 Dec 2020 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 2023 the House Price Index for WEST MIDLANDS was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £310,000 results in an estimated price of approximately £318,948.
| 28 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.5 | 149.7 | 2.887 % | £310,000 | £8,948 | £318,948 |
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 | 0.880 % | £2,727 | £312,727 |
| 3 Month Average | -0.038 % | £-116 | £309,883 |
| 6 Month Average | 6.199 % | £19,216 | £329,216 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2024 | £248,000 | £248,000 | 62 HORRELL ROAD |
| 3 May 2024 | £295,000 | £295,000 | 10 HORRELL ROAD |
| 20 Feb 2023 | £256,715 | £255,000 | 150 ELMAY ROAD |
| 6 Jan 2023 | £240,643 | £240,000 | 30 HORRELL ROAD |
| 22 Jul 2022 | £222,227 | £220,000 | 44 HORRELL ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 9 Jul 2020.
The average size of a house on ELMAY ROAD is 72 sq meters (782 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Local resolution | On or near Elmay Road |
| Oct 2024 | Anti-social behaviour | On or near Elmay Road | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elmay Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Elmay Road |
| Jul 2024 | Anti-social behaviour | On or near Elmay Road |