£237,523
This estimated value is based upon the latest sale price for the house of £152,500 on 9 May 2014. 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 | 9 May 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 May 2014 the House Price Index for WEST MIDLANDS was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £152,500 results in an estimated price of approximately £237,523.
| 9 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £152,500 | £85,023 | £237,523 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 95.845 % | £146,162 | £298,662 |
| 3 Month Average | 81.221 % | £123,861 | £276,361 |
| 6 Month Average | 59.060 % | £90,065 | £242,565 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £266,042 | £260,000 | 32 MYRTLE AVENUE |
| 30 Jun 2023 | £245,928 | £241,000 | 1103 ALCESTER ROAD SOUTH |
| 28 Apr 2023 | £270,051 | £265,000 | 24 EDWARD ROAD |
| 10 Mar 2023 | £188,142 | £185,000 | 5 MYRTLE AVENUE |
| 3 Feb 2023 | £291,900 | £289,950 | 7 EDWARD ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 22 May 2021. Using an estimated price of £237,524 means this house is valued at £3,006 per sq meter (£279 per sq foot).
The average size of a house on ALCESTER ROAD SOUTH is 101 sq meters (1,091 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shopping Area |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shopping Area |
| Jul 2024 | Anti-social behaviour | On or near Shopping Area | |
| Jul 2024 | Anti-social behaviour | On or near Shopping Area | |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Shopping Area |