£181,970
This estimated value is based upon the latest sale price for the house of £105,000 on 25 Mar 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£105,000 | 25 Mar 2011 |
£100,000 | 20 Nov 2009 |
£52,000 | 2 Jun 2000 |
Semi-Detached |
Freehold |
Floor Area: 55 sq meters or 592 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 2011 the House Price Index for WEST MIDLANDS was 86.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.305%.Applying this 73.305% change to the original purchase price of £105,000 results in an estimated price of approximately £181,970.
25 Mar 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.4 | 149.7 | 73.305 % | £105,000 | £76,970 | £181,970 |
The Postcode Pricing Model uses changes in average sales price within the DY3 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 | 115.986 % | £121,785 | £226,785 |
3 Month Average | 87.586 % | £91,964 | £196,964 |
6 Month Average | 69.295 % | £72,759 | £177,759 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Mar 2024 | £236,128 | £232,500 | 17 WINDMILL STREET |
15 Sep 2023 | £187,125 | £183,000 | 42 HARVEST CLOSE |
11 Aug 2023 | £194,508 | £191,000 | 18 ALDERWOOD RISE |
31 Mar 2023 | £193,227 | £190,000 | 31 OX STREET |
28 Feb 2023 | £296,984 | £295,000 | 47 HILL STREET |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 15 Oct 2010. Using an estimated price of £181,971 means this house is valued at £3,308 per sq meter (£307 per sq foot).
The average size of a house on ALDERWOOD RISE is 69 sq meters (751 sq feet).
This house is the smallest in the street with a floor area of 55 sq meters (592 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other crime | Unable to prosecute suspect | On or near Alderwood Rise |
Apr 2024 | Possession of weapons | Unable to prosecute suspect | On or near Alderwood Rise |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ox Street |
Apr 2024 | Public order | Under investigation | On or near Ox Street |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Homestead Close |