£192,252
This estimated value is based upon the latest sale price for the house of £152,500 on 30 Nov 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £152,500 | 30 Nov 2017 |
| £142,000 | 23 May 2014 |
| £164,000 | 1 Sep 2006 |
| £135,000 | 27 Oct 2003 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 November 2017 the House Price Index for WEST MIDLANDS was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £152,500 results in an estimated price of approximately £192,252.
| 30 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.6 | 26.067 % | £152,500 | £39,752 | £192,252 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 16.763 % | £25,563 | £178,063 |
| 3 Month Average | 18.898 % | £28,819 | £181,319 |
| 6 Month Average | 36.888 % | £56,253 | £208,753 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £329,434 | £325,000 | 6 LONGMOOR CLOSE |
| 28 Feb 2023 | £84,943 | £85,000 | 16 SMALLSHIRE CLOSE |
| 10 Feb 2023 | £71,202 | £71,250 | 63 ELLARDS DRIVE |
| 20 May 2022 | £236,455 | £232,000 | 27 ELLARDS DRIVE |
| 20 May 2022 | £157,977 | £155,000 | 22 ELLARDS DRIVE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 29 Jan 2014. Using an estimated price of £192,252 means this house is valued at £2,002 per sq meter (£186 per sq foot).
The average size of a house on ELLARDS DRIVE is 87 sq meters (942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ellards Drive |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Longmoor Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Longmoor Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orwell Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Easton Gardens |