£162,212
This estimated value is based upon the latest sale price for the house of £126,000 on 13 Apr 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£126,000 | 13 Apr 2017 |
Terraced |
Freehold |
Floor Area: 63 sq meters or 678 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 April 2017 the House Price Index for WEST MIDLANDS was 115.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 28.740%.Applying this 28.740% change to the original purchase price of £126,000 results in an estimated price of approximately £162,212.
13 Apr 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.0 | 148.0 | 28.740 % | £126,000 | £36,212 | £162,212 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 7.440 % | £9,374 | £135,374 |
3 Month Average | 26.413 % | £33,280 | £159,280 |
6 Month Average | 28.348 % | £35,717 | £161,717 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £225,000 | £225,000 | 1 LUCKNOW ROAD |
26 Jun 2023 | £332,950 | £330,250 | 23 ELTER CLOSE |
2 Jun 2023 | £133,583 | £132,500 | 37 ASHMORE LAKE ROAD |
6 Apr 2023 | £187,393 | £186,000 | 59 ASHMORE LAKE ROAD |
27 Jan 2023 | £218,580 | £220,500 | 32 LAKELOT CLOSE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 16 Oct 2019. Using an estimated price of £162,213 means this house is valued at £2,574 per sq meter (£239 per sq foot).
The average size of a house on ELTER CLOSE is 74 sq meters (801 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elter Close |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ashmore Lake Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashmore Lake Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ashmore Lake Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Magnolia Grove |