£222,363
This estimated value is based upon the latest sale price for the house of £180,000 on 31 Jan 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Alborn Crescent
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| Price Paid | Date |
|---|---|
| £180,000 | 31 Jan 2019 |
| Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 January 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £180,000 results in an estimated price of approximately £222,363.
| 31 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £180,000 | £42,363 | £222,363 |
The Postcode Pricing Model uses changes in average sales price within the B38 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 | -15.888 % | £-28,597 | £151,402 |
| 3 Month Average | 50.159 % | £90,285 | £270,285 |
| 6 Month Average | 52.630 % | £94,734 | £274,734 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £64,873 | £64,000 | FLAT 22 BLOSSOMFIELD COURT BLOSSOMFIELD CLOSE |
| 16 Jun 2023 | £222,698 | £220,000 | 407 REDDITCH ROAD |
| 9 Mar 2023 | £186,760 | £185,000 | 33 ALBORN CRESCENT |
| 8 Sep 2022 | £148,798 | £150,000 | 14 GREEN ACRES ROAD |
| 26 Aug 2022 | £154,584 | £155,000 | 173 GRANGE FARM DRIVE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 31 Jan 2018. Using an estimated price of £222,364 means this house is valued at £3,529 per sq meter (£327 per sq foot).
The average size of a house on ALBORN CRESCENT is 89 sq meters (958 sq feet).
This house is the smallest in the street with a floor area of 63 sq meters (678 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Alborn Crescent |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Alborn Crescent |
| Jan 2024 | Burglary | Awaiting court outcome | On or near Alborn Crescent |
| Mar 2024 | Other theft | Under investigation | On or near Blossomfield Close |
| Jan 2024 | Anti-social behaviour | On or near Blossomfield Close |