£176,216
This estimated value is based upon the latest sale price for the house of £160,000 on 27 Aug 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £160,000 | 27 Aug 2021 |
| Terraced |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 August 2021 the House Price Index for WEST MIDLANDS was 133.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 10.135%.Applying this 10.135% change to the original purchase price of £160,000 results in an estimated price of approximately £176,216.
| 27 Aug 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 146.7 | 10.135 % | £160,000 | £16,216 | £176,216 |
The Postcode Pricing Model uses changes in average sales price within the WV8 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 | -16.175 % | £-25,879 | £134,120 |
| 3 Month Average | -22.485 % | £-35,976 | £124,023 |
| 6 Month Average | -20.139 % | £-32,222 | £127,777 |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 26 Feb 2016.
The average size of a house on ALDERFORD CLOSE is 130 sq meters (1,399 sq feet).
This house is the largest in the street with a floor area of 111 sq meters (1,194 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Alderford Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Alderford Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Alderford Close |
| Dec 2023 | Possession of weapons | Under investigation | On or near Alderford Close |
| Mar 2024 | Other crime | Under investigation | On or near Borden Close |