£130,849
This estimated value is based upon the latest sale price for the house of £129,000 on 17 Jun 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Alder Road
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Price Paid | Date |
---|---|
£129,000 | 17 Jun 2022 |
£85,000 | 8 Apr 2008 |
£29,000 | 30 Apr 1999 |
Terraced |
Freehold |
Floor Area: 58 sq meters or 624 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 June 2022 the House Price Index for WEST MIDLANDS was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £129,000 results in an estimated price of approximately £130,849.
17 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.5 | 148.6 | 1.433 % | £129,000 | £1,849 | £130,849 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | -3.888 % | £-5,016 | £123,983 |
3 Month Average | -0.669 % | £-862 | £128,137 |
6 Month Average | 4.418 % | £5,699 | £134,699 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Aug 2023 | £184,615 | £183,000 | 15 ALDER ROAD |
10 Feb 2023 | £129,913 | £130,000 | 7 ALDER ROAD |
17 Jun 2022 | £130,849 | £129,000 | 30 ALDER ROAD |
12 May 2022 | £166,130 | £163,000 | 26 ALDER ROAD |
4 Aug 2021 | £161,764 | £145,000 | 19 ALDER ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 20 Sep 2016. Using an estimated price of £130,849 means this house is valued at £2,256 per sq meter (£209 per sq foot).
The average size of a house on ALDER ROAD is 83 sq meters (896 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alder Road |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Alder Road |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Alder Road |
Apr 2024 | Public order | Under investigation | On or near Chesford Crescent |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Chesford Crescent |