£155,349
This estimated value is based upon the latest sale price for the house of £145,000 on 2 Dec 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £145,000 | 2 Dec 2021 |
| £105,000 | 9 Nov 2005 |
| £96,000 | 27 Oct 2003 |
| £68,000 | 20 Sep 2002 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 December 2021 the House Price Index for WEST MIDLANDS was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £145,000 results in an estimated price of approximately £155,349.
| 2 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £145,000 | £10,349 | £155,349 |
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 | -31.137 % | £-45,149 | £99,850 |
| 3 Month Average | -20.197 % | £-29,285 | £115,714 |
| 6 Month Average | -4.232 % | £-6,136 | £138,863 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jan 2023 | £196,574 | £197,500 | 71 MILLPOOL GARDENS |
| 17 Jun 2022 | £223,154 | £220,000 | 131 MARSHAM ROAD |
| 13 May 2022 | £310,857 | £305,000 | 29 GLENAVON ROAD |
| 6 May 2022 | £264,993 | £260,000 | 715 ALCESTER ROAD SOUTH |
| 29 Apr 2022 | £236,854 | £230,000 | FLAT 812 ALCESTER ROAD SOUTH |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 15 Jul 2020. Using an estimated price of £155,350 means this house is valued at £2,353 per sq meter (£218 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 |
|---|---|---|---|
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Meadfoot Avenue |
| Apr 2024 | Robbery | Under investigation | On or near Meadfoot Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Millpool Gardens |
| Apr 2024 | Anti-social behaviour | On or near Millpool Gardens | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Millpool Gardens |