£74,212
This estimated value is based upon the latest sale price for the house of £48,000 on 16 May 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £48,000 | 16 May 2014 |
| Flats/Maisonettes |
| Leasehold |
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 May 2014 the House Price Index for WEST MIDLANDS was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £48,000 results in an estimated price of approximately £74,212.
| 16 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £48,000 | £26,212 | £74,212 |
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 | 26.634 % | £12,784 | £60,784 |
| 3 Month Average | 35.616 % | £17,095 | £65,095 |
| 6 Month Average | 51.606 % | £24,770 | £72,770 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £71,247 | £70,000 | FLAT 47 HOMEPEAL HOUSE, 231 ALCESTER ROAD SOUTH |
| 29 Sep 2023 | £759,714 | £750,000 | CELLAR 265A ALCESTER ROAD SOUTH |
| 14 Aug 2023 | £383,354 | £380,000 | 91 LIVINGSTONE ROAD |
| 31 Jul 2023 | £106,432 | £105,000 | FLAT 29 HOMEPEAL HOUSE, 231 ALCESTER ROAD SOUTH |
| 13 Jun 2023 | £72,883 | £72,000 | FLAT 15 HOMEPEAL HOUSE, 231 ALCESTER ROAD SOUTH |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Sports/Recreation Area |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fernwood Croft |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Fernwood Croft |
| Apr 2024 | Burglary | Under investigation | On or near Fernwood Croft |