£100,154
This estimated value is based upon the latest sale price for the house of £87,500 on 9 Jul 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 Elbow Street
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| Price Paid | Date |
|---|---|
| £87,500 | 9 Jul 2021 |
| £107,750 | 31 Jul 2007 |
| £75,764 | 19 Dec 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 July 2021 the House Price Index for WEST MIDLANDS was 129.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.462%.Applying this 14.462% change to the original purchase price of £87,500 results in an estimated price of approximately £100,154.
| 9 Jul 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.0 | 14.462 % | £87,500 | £12,654 | £100,154 |
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 | 20.321 % | £17,780 | £105,280 |
| 3 Month Average | -16.593 % | £-14,518 | £72,981 |
| 6 Month Average | -3.075 % | £-2,690 | £84,809 |
| 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 51 sq meters or 548 sq feet when measured on 22 May 2015. Using an estimated price of £100,155 means this house is valued at £1,963 per sq meter (£182 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 | Anti-social behaviour | On or near Elbow Street | |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | 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 |