£304,364
This estimated value is based upon the latest sale price for the house of £282,000 on 14 Dec 2021. 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 Elm Avenue
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| Price Paid | Date |
|---|---|
| £282,000 | 14 Dec 2021 |
| £110,000 | 5 Sep 2003 |
| £47,000 | 27 Nov 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 December 2021 the House Price Index for WEST MIDLANDS was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £282,000 results in an estimated price of approximately £304,364.
| 14 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £282,000 | £22,364 | £304,364 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 21.259 % | £59,951 | £341,951 |
| 3 Month Average | 18.994 % | £53,562 | £335,562 |
| 6 Month Average | 14.633 % | £41,265 | £323,265 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £146,270 | £145,000 | 50 BEECHWOOD AVENUE |
| 30 Nov 2023 | £179,558 | £175,000 | 14 ELM AVENUE |
| 27 Jan 2023 | £240,643 | £240,000 | 67 LONG KNOWLE LANE |
| 8 Nov 2022 | £124,418 | £125,000 | 75 LONG KNOWLE LANE |
| 18 Feb 2022 | £169,033 | £160,000 | 17 ELM AVENUE |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 17 Aug 2021. Using an estimated price of £304,365 means this house is valued at £2,415 per sq meter (£224 per sq foot).
The average size of a house on ELM AVENUE is 93 sq meters (1,006 sq feet).
This house is the largest in the street with a floor area of 126 sq meters (1,356 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Elm Avenue |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elm Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elm Avenue |
| Sep 2024 | Burglary | Under investigation | On or near Elm Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Poplar Avenue |