£96,467
This estimated value is based upon the latest sale price for the house of £74,500 on 17 Feb 2017. 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 Elbow Street
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Price Paid | Date |
---|---|
£74,500 | 17 Feb 2017 |
£67,000 | 13 Jul 2012 |
£73,555 | 19 Dec 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 55 sq meters or 592 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 February 2017 the House Price Index for WEST MIDLANDS was 114.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 29.486%.Applying this 29.486% change to the original purchase price of £74,500 results in an estimated price of approximately £96,467.
17 Feb 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.3 | 148.0 | 29.486 % | £74,500 | £21,967 | £96,467 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 29.459 % | £21,946 | £96,446 |
3 Month Average | 22.133 % | £16,488 | £90,988 |
6 Month Average | 33.812 % | £25,189 | £99,689 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Feb 2023 | £94,553 | £95,000 | 22 ELBOW STREET |
4 Jan 2023 | £90,703 | £91,500 | 57 ELBOW STREET |
1 Jul 2022 | £251,660 | £252,000 | 6 SLATER CLOSE |
22 Jun 2022 | £183,863 | £182,000 | 2 ELBOW STREET |
15 Jun 2022 | £277,816 | £275,000 | 4 SLATER CLOSE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 19 Apr 2016. Using an estimated price of £96,467 means this house is valued at £1,753 per sq meter (£162 per sq foot).
The average size of a house on ELBOW STREET is 61 sq meters (666 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Elbow Street |
Apr 2024 | Anti-social behaviour | On or near Elbow Street | |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elbow Street |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Elbow Street |
Apr 2024 | Anti-social behaviour | On or near King Street |