8, ELAN CLOSE, BEWDLEY, DY12 2PR - £125,000

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.

8 ELAN CLOSE is a terraced house, which could now be worth an estimated £283,857. It was last sold for £125,000 in May 2003, which was around 50% above the average May 2003 terraced price in the Wyre Forest local authority area.

8 ELAN CLOSE Sold Prices

Land registry data shows two sales for 8 ELAN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Wyre Forest local authority area for the corresponding sale date. Both of the two 8 ELAN CLOSE sales were for above 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
2003 27 MAY	£125,000	£83,469	50% above HPI
1999 26 FEB	£59,995	£44,285	35% above HPI

What might 8 ELAN CLOSE be worth now?

8 ELAN CLOSE might now be worth an estimated £283,857.

This is based on house price inflation of 127.1%, between May 2003 and May 2026, for terraced houses, in the Wyre Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 127.1% inflationary increase is applied to the most recent sale price for 8 ELAN CLOSE of £125,000 on 27th May 2003. For the value to have increased from £125,000 to £283,857 over the 23 years to May 2026, the following assumptions must hold true:

• The value of 8 ELAN CLOSE has moved in line with the HPI for terraced houses in the Wyre Forest local authority area.
• The May 2003 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ELAN CLOSE has not materially changed since May 2003.

Where is 8 ELAN CLOSE?

8 ELAN CLOSE is located in BEWDLEY, in the DY12 postcode district.