£292,588
This estimated value is based upon the latest sale price for the house of £194,000 on 13 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 |
|---|---|
| £194,000 | 13 Oct 2014 |
| Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £194,000 results in an estimated price of approximately £292,588.
| 13 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £194,000 | £98,588 | £292,588 |
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 | 111.326 % | £215,972 | £409,972 |
| 3 Month Average | 71.108 % | £137,949 | £331,949 |
| 6 Month Average | 52.716 % | £102,268 | £296,268 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £80,000 | £80,000 | FLAT 36 HOMEPEAL HOUSE, 231 ALCESTER ROAD SOUTH |
| 12 Apr 2024 | £60,526 | £60,000 | FLAT 21 HOMEPEAL HOUSE, 231 ALCESTER ROAD SOUTH |
| 8 Dec 2023 | £72,219 | £70,000 | FLAT 47 HOMEPEAL HOUSE, 231 ALCESTER ROAD SOUTH |
| 29 Sep 2023 | £766,906 | £750,000 | CELLAR 265A ALCESTER ROAD SOUTH |
| 14 Aug 2023 | £386,980 | £380,000 | 91 LIVINGSTONE ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 17 Feb 2015. Using an estimated price of £292,589 means this house is valued at £3,568 per sq meter (£331 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 | Awaiting court outcome | On or near Fernwood Croft |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Fernwood Croft |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fernwood Croft |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Fernwood Croft |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fernwood Croft |