£162,633
This estimated value is based upon the latest sale price for the house of £126,000 on 23 Jun 2017. 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 |
|---|---|
| £126,000 | 23 Jun 2017 |
| £32,948 | 16 Jun 2000 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 2017 the House Price Index for WEST MIDLANDS was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £126,000 results in an estimated price of approximately £162,633.
| 23 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 149.7 | 29.074 % | £126,000 | £36,633 | £162,633 |
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 | 19.432 % | £24,484 | £150,484 |
| 3 Month Average | 28.421 % | £35,810 | £161,810 |
| 6 Month Average | 31.615 % | £39,835 | £165,835 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £318,000 | £318,000 | 144 WINDMILL ROAD |
| 12 Apr 2024 | £222,936 | £221,000 | 224 WINDMILL ROAD |
| 11 Oct 2023 | £199,532 | £195,000 | 13 ALDER ROAD |
| 4 Aug 2023 | £186,361 | £183,000 | 15 ALDER ROAD |
| 25 Apr 2023 | £184,450 | £181,000 | 38 ALDER ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 18 May 2013. Using an estimated price of £162,633 means this house is valued at £2,666 per sq meter (£247 per sq foot).
The average size of a house on ALDER ROAD is 83 sq meters (896 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alder Road |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Alder Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alder Road |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Alder Road |
| May 2024 | Other crime | Under investigation | On or near Alder Road |