£215,920
This estimated value is based upon the latest sale price for the house of £173,500 on 25 Jan 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Aldersley Avenue
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Price Paid | Date |
---|---|
£173,500 | 25 Jan 2019 |
Semi-Detached |
Freehold |
Floor Area: 76 sq meters or 818 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 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £173,500 results in an estimated price of approximately £215,920.
25 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.450 % | £173,500 | £42,420 | £215,920 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 14.352 % | £24,900 | £198,400 |
3 Month Average | 17.351 % | £30,103 | £203,603 |
6 Month Average | 15.028 % | £26,073 | £199,573 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Oct 2023 | £235,345 | £230,000 | 21 ALDERSLEY AVENUE |
24 Apr 2023 | £356,671 | £350,000 | 1A ALDERSLEY AVENUE |
8 Jul 2022 | £409,099 | £405,000 | 82 ALDERSLEY AVENUE |
25 Mar 2022 | £255,764 | £245,000 | 56 ALDERSLEY AVENUE |
30 Sep 2021 | £220,479 | £203,100 | 83 GREEN LANE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 2 Nov 2018. Using an estimated price of £215,921 means this house is valued at £2,841 per sq meter (£263 per sq foot).
The average size of a house on GREEN LANE is 81 sq meters (874 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near Aldersley Avenue |
Jul 2024 | Other theft | Under investigation | On or near Aldersley Avenue |
Jul 2024 | Drugs | Investigation complete; no suspect identified | On or near Aldersley Avenue |
Jul 2024 | Public order | Unable to prosecute suspect | On or near Aldersley Avenue |
Jul 2024 | Burglary | Under investigation | On or near Aldersley Avenue |