£481,774
This estimated value is based upon the latest sale price for the house of £400,000 on 17 Mar 2020. 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 Alcester Road
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Price Paid | Date |
---|---|
£400,000 | 17 Mar 2020 |
£370,000 | 27 Jun 2016 |
Terraced |
Freehold |
Floor Area: 38 sq meters or 418 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 2020 the House Price Index for WEST MIDLANDS was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £400,000 results in an estimated price of approximately £481,774.
17 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 148.6 | 20.444 % | £400,000 | £81,774 | £481,774 |
The Postcode Pricing Model uses changes in average sales price within the B13 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 | -7.238 % | £-28,950 | £371,049 |
3 Month Average | -12.094 % | £-48,374 | £351,625 |
6 Month Average | 6.481 % | £25,923 | £425,923 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £891,397 | £880,000 | 14 SALISBURY ROAD |
15 Sep 2023 | £374,792 | £370,000 | 6 FARQUHAR ROAD |
3 Mar 2023 | £313,958 | £311,000 | 14 CHANDOS AVENUE |
9 Feb 2023 | £419,718 | £420,000 | 6 KING EDWARD ROAD |
31 Jan 2023 | £134,367 | £135,000 | FLAT 10 PARKGATE, 158 ALCESTER ROAD |
This house has a floor area of 38 sq meters or 418 sq feet when measured on 21 Oct 2009. Using an estimated price of £481,775 means this house is valued at £12,404 per sq meter (£1,152 per sq foot).
The average size of a house on ALCESTER ROAD is 90 sq meters (969 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Alcester Road |
Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Alcester Road |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Alcester Road |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Alcester Road |
Apr 2024 | Public order | Awaiting court outcome | On or near Alcester Road |