£289,064
This estimated value is based upon the latest sale price for the house of £240,000 on 20 Mar 2020. 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 Parking Area
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| Price Paid | Date |
|---|---|
| £240,000 | 20 Mar 2020 |
| £42,500 | 15 May 1995 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 March 2020 the House Price Index for WEST MIDLANDS was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £240,000 results in an estimated price of approximately £289,064.
| 20 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £240,000 | £49,064 | £289,064 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 41.203 % | £98,887 | £338,887 |
| 3 Month Average | 19.117 % | £45,879 | £285,879 |
| 6 Month Average | 22.238 % | £53,371 | £293,371 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £151,943 | £150,000 | UNIT 2 ST ANNES INDUSTRIAL ESTATE |
| 13 Sep 2023 | £126,619 | £125,000 | 12 ALBION ROAD |
| 26 Jul 2023 | £329,434 | £325,000 | 18 KNIGHTS CLOSE |
| 12 Jul 2023 | £138,869 | £137,000 | 183 ST ANNES ROAD |
| 30 Jun 2023 | £172,084 | £170,000 | UNIT 11 ST ANNES INDUSTRIAL ESTATE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 13 Nov 2019. Using an estimated price of £289,065 means this house is valued at £2,651 per sq meter (£246 per sq foot).
The average size of a house on ALBION ROAD is 110 sq meters (1,185 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Under investigation | On or near Parking Area |
| Apr 2024 | Anti-social behaviour | On or near Parking Area | |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Parking Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Apr 2024 | Burglary | Under investigation | On or near Parking Area |