£245,517
This estimated value is based upon the latest sale price for the house of £163,995 on 3 Oct 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £163,995 | 3 Oct 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 October 2014 the House Price Index for WEST MIDLANDS was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £163,995 results in an estimated price of approximately £245,517.
| 3 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £163,995 | £81,522 | £245,517 |
The Postcode Pricing Model uses changes in average sales price within the DY4 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 | 1.885 % | £3,090 | £167,085 |
| 3 Month Average | 3.364 % | £5,516 | £169,511 |
| 6 Month Average | 23.349 % | £38,290 | £202,285 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £197,930 | £195,000 | 29 ROBERT ROAD |
| 14 Jul 2023 | £162,183 | £160,000 | 38 CHATWINS WHARF |
| 7 Jul 2023 | £166,111 | £163,875 | 18 CHATWINS WHARF |
| 13 Jan 2023 | £169,203 | £170,000 | 11 CHATWINS WHARF |
| 31 May 2022 | £132,497 | £130,000 | 72 ALEXANDRA ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 14 Nov 2014. Using an estimated price of £245,518 means this house is valued at £3,317 per sq meter (£308 per sq foot).
The average size of a house on ALEXANDRA ROAD is 89 sq meters (958 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Public order | On or near Tipton (Station) | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chatwins Wharf |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chatwins Wharf |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tipton |