£193,183
This estimated value is based upon the latest sale price for the house of £124,950 on 23 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 |
|---|---|
| £124,950 | 23 May 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 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 £124,950 results in an estimated price of approximately £193,183.
| 23 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £124,950 | £68,233 | £193,183 |
The Postcode Pricing Model uses changes in average sales price within the B31 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 | 19.126 % | £23,898 | £148,848 |
| 3 Month Average | 71.280 % | £89,064 | £214,014 |
| 6 Month Average | 63.874 % | £79,811 | £204,761 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £141,813 | £140,000 | 414 LONGBRIDGE LANE |
| 8 Sep 2023 | £232,979 | £230,000 | 679 REDDITCH ROAD |
| 3 Aug 2023 | £229,003 | £227,000 | 649 REDDITCH ROAD |
| 24 Jul 2023 | £116,569 | £115,000 | 394 LONGBRIDGE LANE |
| 16 Jun 2023 | £248,004 | £245,000 | 283 ALVECHURCH ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 14 Mar 2014. Using an estimated price of £193,184 means this house is valued at £2,476 per sq meter (£230 per sq foot).
The average size of a house on ALVECHURCH ROAD is 82 sq meters (889 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Alvechurch Close |
| Jan 2024 | Anti-social behaviour | On or near Alvechurch Close | |
| Jan 2024 | Anti-social behaviour | On or near Alvechurch Close | |
| Jan 2024 | Anti-social behaviour | On or near Alvechurch Close | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Alvechurch Close |