£316,499
This estimated value is based upon the latest sale price for the house of £119,000 on 10 Sep 2002. 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 Rowan Close
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| Price Paid | Date |
|---|---|
| £119,000 | 10 Sep 2002 |
| £82,820 | 29 Oct 1999 |
| Terraced |
| Freehold |
| 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 September 2002 the House Price Index for WEST MIDLANDS was 55.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 165.966%.Applying this 165.966% change to the original purchase price of £119,000 results in an estimated price of approximately £316,499.
| 10 Sep 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 55.2 | 146.7 | 165.966 % | £119,000 | £197,499 | £316,499 |
The Postcode Pricing Model uses changes in average sales price within the B76 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 | 112.562 % | £133,948 | £252,948 |
| 3 Month Average | 129.574 % | £154,192 | £273,192 |
| 6 Month Average | 141.663 % | £168,578 | £287,578 |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 27 Feb 2016.
The average size of a house on ELM ROAD is 106 sq meters (1,150 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Awaiting court outcome | On or near Rowan Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowan Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowan Close |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Rowan Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Holly Close |