£220,712
This estimated value is based upon the latest sale price for the house of £172,500 on 25 Aug 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 Elizabeth Road
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| Price Paid | Date |
|---|---|
| £172,500 | 25 Aug 2017 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 August 2017 the House Price Index for WEST MIDLANDS was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £172,500 results in an estimated price of approximately £220,712.
| 25 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £172,500 | £48,212 | £220,712 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 43.604 % | £75,216 | £247,716 |
| 3 Month Average | 23.907 % | £41,238 | £213,738 |
| 6 Month Average | 20.600 % | £35,535 | £208,035 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £288,505 | £286,000 | 116 ELIZABETH ROAD |
| 4 Oct 2023 | £205,160 | £200,500 | 124 ELIZABETH ROAD |
| 28 Feb 2023 | £120,757 | £119,950 | 16 HAZEL AVENUE |
| 24 Feb 2023 | £327,186 | £325,000 | 55 ELIZABETH ROAD |
| 11 Nov 2022 | £278,697 | £280,000 | 23 ELIZABETH ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 10 Feb 2017. Using an estimated price of £220,712 means this house is valued at £2,425 per sq meter (£225 per sq foot).
The average size of a house on ELIZABETH ROAD is 88 sq meters (953 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Elizabeth Road |
| Jul 2024 | Burglary | Under investigation | On or near Hazel Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windsor Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windsor Road |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Supermarket |