£186,962
This estimated value is based upon the latest sale price for the house of £173,500 on 24 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £173,500 | 24 Sep 2021 |
| £48,450 | 7 Jul 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £173,500 results in an estimated price of approximately £186,962.
| 24 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £173,500 | £13,462 | £186,962 |
The Postcode Pricing Model uses changes in average sales price within the B70 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 | 22.707 % | £39,396 | £212,896 |
| 3 Month Average | -17.359 % | £-30,118 | £143,381 |
| 6 Month Average | 3.209 % | £5,567 | £179,067 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £160,814 | £158,000 | 91A COPHALL STREET |
| 31 Mar 2023 | £236,226 | £234,000 | 91 COPHALL STREET |
| 27 Jun 2022 | £197,795 | £195,000 | 37 PHILIP ROAD |
| 28 Mar 2022 | £77,720 | £75,000 | 131 FISHER STREET |
| 9 Mar 2022 | £188,600 | £182,000 | 113 COPHALL STREET |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 3 Mar 2016. Using an estimated price of £186,962 means this house is valued at £1,520 per sq meter (£141 per sq foot).
The average size of a house on ELIZABETH ROAD is 105 sq meters (1,134 sq feet).
This house is the largest in the street with a floor area of 123 sq meters (1,323 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Elizabeth Road | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elizabeth Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Elizabeth Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Philip Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Philip Road |