£68,038
This estimated value is based upon the latest sale price for the house of £58,000 on 9 Oct 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £58,000 | 9 Oct 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 October 2020 the House Price Index for WEST MIDLANDS was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £58,000 results in an estimated price of approximately £68,038.
| 9 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £58,000 | £10,038 | £68,038 |
The Postcode Pricing Model uses changes in average sales price within the WS3 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 | -13.623 % | £-7,901 | £50,098 |
| 3 Month Average | 12.146 % | £7,044 | £65,044 |
| 6 Month Average | 15.700 % | £9,106 | £67,106 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £608,186 | £600,000 | POST OFFICE MARKET PLACE |
| 17 Mar 2023 | £166,569 | £165,000 | 80 IRVINE ROAD |
| 10 Mar 2023 | £141,332 | £140,000 | 4 STATION PLACE |
| 20 Jan 2023 | £174,180 | £175,000 | 104 NURSERY ROAD |
| 29 Jul 2022 | £175,472 | £175,000 | 137 NURSERY ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 19 Jun 2019. Using an estimated price of £68,039 means this house is valued at £1,417 per sq meter (£131 per sq foot).
There is one other house on the street which we know the size of, this is 14 ELMORE GREEN CLOSE it is 48.37
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elmore Green Close |
| Apr 2024 | Other crime | Under investigation | On or near Elmore Green Close |
| Apr 2024 | Drugs | Unable to prosecute suspect | On or near Elmore Green Close |
| Apr 2024 | Public order | Offender given a caution | On or near Elmore Green Close |
| Apr 2024 | Drugs | Under investigation | On or near Elmore Green Close |