7, ELY CRESCENT, WEST BROMWICH, B71 2SD - £104,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 ELY CRESCENT is a very small semi-detached house of 80m², built sometime between 1930 and 1949, which could now be worth an estimated £173,377. It was last sold for £104,000 in June 2016, which was around 20% below the average June 2016 semi-detached price in the Sandwell local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

7 ELY CRESCENT Sold Prices

Land registry data shows two sales for 7 ELY CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Sandwell local authority area for the corresponding sale date. Both of the two 7 ELY CRESCENT sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 24 JUN	£104,000	£129,702	20% below HPI
2003 19 AUG	£80,000	£86,349	7% below HPI

7 ELY CRESCENT Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 7 ELY CRESCENT sales from August 2003 and June 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2003 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2016 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 7 ELY CRESCENT be worth now?

7 ELY CRESCENT might now be worth an estimated £173,377.

This is based on house price inflation of 66.7%, between June 2016 and March 2025, for semi-detached houses, in the Sandwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 66.7% inflationary increase is applied to the most recent sale price for 7 ELY CRESCENT of £104,000 on 24th June 2016. For the value to have increased from £104,000 to £173,377 over the nine years and three months to March 2025, the following assumptions must hold true:

• The value of 7 ELY CRESCENT has moved in line with the HPI for semi-detached houses in the Sandwell local authority area.
• The June 2016 sale price of £104,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ELY CRESCENT has not materially changed since June 2016.

How Large is 7 ELY CRESCENT?

7 ELY CRESCENT is 80m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 20% of semi-detached houses houses in West Bromwich, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in West Bromwich, and where 7 ELY CRESCENT lies on this distribution: 14% of semi-detached houses houses are smaller than 7 ELY CRESCENT, and 85% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

7 ELY CRESCENT: Plot and Title Map

7 ELY CRESCENT sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 7 ELY CRESCENT, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 7 ELY CRESCENT). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 7 ELY CRESCENT?

7 ELY CRESCENT is located in WEST BROMWICH, in the B71 postcode district. The below map shows the position of No. 7 on ELY CRESCENT.