£521,436
This estimated value is based upon the latest sale price for the house of £315,000 on 5 Dec 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £315,000 | 5 Dec 2006 |
| Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 2006 the House Price Index for WEST MIDLANDS was 89.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.536%.Applying this 65.536% change to the original purchase price of £315,000 results in an estimated price of approximately £521,436.
| 5 Dec 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 148.6 | 65.536 % | £315,000 | £206,436 | £521,436 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 8.260 % | £26,018 | £341,018 |
| 3 Month Average | 63.324 % | £199,471 | £514,471 |
| 6 Month Average | 52.207 % | £164,451 | £479,451 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £182,705 | £180,000 | FLAT 5 PACKWOOD HOUSE MONMOUTH DRIVE |
| 23 Mar 2023 | £431,566 | £427,500 | 72 MORVEN ROAD |
| 20 Jan 2023 | £209,015 | £210,000 | FLAT 2 PACKWOOD HOUSE MONMOUTH DRIVE |
| 9 May 2022 | £917,284 | £900,000 | 36 SOMERVILLE ROAD |
| 12 Oct 2021 | £566,136 | £511,656 | 5 ELWYN ROAD |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 18 Jun 2012. Using an estimated price of £521,437 means this house is valued at £3,621 per sq meter (£336 per sq foot).
The average size of a house on ELWYN ROAD is 159 sq meters (1,716 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Under investigation | On or near Elwyn Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Roxburgh Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Buckingham Mews |
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Buckingham Mews |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Buckingham Mews |