£60,532
This estimated value is based upon the latest sale price for the house of £50,000 on 7 Oct 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £50,000 | 7 Oct 2019 |
| £18,000 | 10 Aug 2001 |
| £28,500 | 24 Nov 2000 |
| Terraced |
| Freehold |
| Floor Area: 52 sq meters or 559 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 October 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.064%.Applying this 21.064% change to the original purchase price of £50,000 results in an estimated price of approximately £60,532.
| 7 Oct 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 146.7 | 21.064 % | £50,000 | £10,532 | £60,532 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 10.130 % | £5,065 | £55,065 |
| 3 Month Average | 8.198 % | £4,098 | £54,098 |
| 6 Month Average | 26.952 % | £13,476 | £63,476 |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 17 Jun 2019.
The average size of a house on NINE ELMS LANE is 88 sq meters (952 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Colaton Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Colaton Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stratton Street |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Stratton Street |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Stratton Street |