£329,339
This estimated value is based upon the latest sale price for the house of £220,000 on 9 Jan 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£220,000 | 9 Jan 2015 |
£164,000 | 6 Aug 2007 |
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 January 2015 the House Price Index for WEST MIDLANDS was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £220,000 results in an estimated price of approximately £329,339.
9 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.0 | 149.7 | 49.700 % | £220,000 | £109,339 | £329,339 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 45.172 % | £99,378 | £319,378 |
3 Month Average | 59.466 % | £130,825 | £350,825 |
6 Month Average | 37.901 % | £83,381 | £303,381 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Aug 2023 | £132,388 | £130,000 | 22 ELMDON CLOSE |
12 Jan 2023 | £136,866 | £136,500 | 10 ELMDON CLOSE |
10 Feb 2022 | £295,808 | £280,000 | 14 WOLVERLEY ROAD |
3 Feb 2022 | £279,961 | £265,000 | 26 WOLVERLEY ROAD |
21 Jan 2022 | £143,657 | £135,500 | 14 ELMDON CLOSE |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 3 May 2018. Using an estimated price of £329,340 means this house is valued at £2,677 per sq meter (£248 per sq foot).
The average size of a house on ELMDON CLOSE is 79 sq meters (857 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Wolverley Road |
Sep 2024 | Anti-social behaviour | On or near Fallowfield Road | |
Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Fallowfield Road |
Sep 2024 | Anti-social behaviour | On or near Fallowfield Road | |
Oct 2024 | Burglary | Under investigation | On or near Mountjoy Crescent |