£253,874
This estimated value is based upon the latest sale price for the house of £51,500 on 2 Sep 1997. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £51,500 | 2 Sep 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 1997 the House Price Index for WEST MIDLANDS was 29.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 392.960%.Applying this 392.960% change to the original purchase price of £51,500 results in an estimated price of approximately £253,874.
| 2 Sep 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.8 | 146.7 | 392.960 % | £51,500 | £202,374 | £253,874 |
The Postcode Pricing Model uses changes in average sales price within the B25 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 | 288.651 % | £148,655 | £200,155 |
| 3 Month Average | 272.782 % | £140,482 | £191,982 |
| 6 Month Average | 293.160 % | £150,977 | £202,477 |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 16 Jan 2014.
The average size of a house on FAST PITS ROAD is 96 sq meters (1,036 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Elgin Grove |
| Mar 2024 | Vehicle crime | Under investigation | On or near Elgin Grove |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Elgin Grove |
| Mar 2024 | Possession of weapons | Under investigation | On or near Elgin Grove |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Elgin Grove |