£137,518
This estimated value is based upon the latest sale price for the house of £99,995 on 26 Feb 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £99,995 | 26 Feb 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 February 2016 the House Price Index for WEST MIDLANDS was 108.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 37.526%.Applying this 37.526% change to the original purchase price of £99,995 results in an estimated price of approximately £137,518.
| 26 Feb 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 149.7 | 37.526 % | £99,995 | £37,523 | £137,518 |
The Postcode Pricing Model uses changes in average sales price within the B19 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 | 282.716 % | £282,701 | £382,696 |
| 3 Month Average | 39.425 % | £39,422 | £139,417 |
| 6 Month Average | 62.258 % | £62,255 | £162,250 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2023 | £437,303 | £430,000 | 47 BIRCHFIELD ROAD |
| 4 Aug 2022 | £120,564 | £120,000 | FLAT 1 127 ALMA WAY |
| 4 Apr 2022 | £103,742 | £100,000 | FLAT 7 127 ALMA WAY |
| 30 Mar 2022 | £125,272 | £120,000 | 78 MANSFIELD ROAD |
| 8 Feb 2022 | £95,081 | £90,000 | FLAT 3 10 WILLIAM WAY |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 18 Feb 2016. Using an estimated price of £137,519 means this house is valued at £2,644 per sq meter (£245 per sq foot).
The average size of a house on ALMA WAY is 79 sq meters (860 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Alma Way | |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Alma Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Alma Way |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Alma Way |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Alma Way |