£1,237,417
This estimated value is based upon the latest sale price for the house of £940,000 on 11 Jan 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £940,000 | 11 Jan 2017 |
| Detached |
| Freehold |
| Floor Area: 318 sq meters or 3,422 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 2017 the House Price Index for WEST MIDLANDS was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £940,000 results in an estimated price of approximately £1,237,417.
| 11 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 149.7 | 31.640 % | £940,000 | £297,417 | £1,237,417 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | -10.404 % | £-97,793 | £842,206 |
| 3 Month Average | 4.152 % | £39,026 | £979,026 |
| 6 Month Average | 14.285 % | £134,282 | £1,074,282 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £766,658 | £760,000 | 19 POOLFIELD DRIVE |
| 21 Nov 2023 | £241,121 | £235,000 | APARTMENT 5 BRUETON PLACE, 216 - 220 BLOSSOMFIELD ROAD |
| 8 Nov 2023 | £692,581 | £675,000 | 24 POOLFIELD DRIVE |
| 7 Nov 2023 | £441,199 | £430,000 | 45 POOLFIELD DRIVE |
| 3 Nov 2023 | £241,121 | £235,000 | APARTMENT 9 BRUETON PLACE, 216 - 220 BLOSSOMFIELD ROAD |
This house has a floor area of 318 sq meters or 3,422 sq feet when measured on 4 Aug 2021. Using an estimated price of £1,237,418 means this house is valued at £3,891 per sq meter (£361 per sq foot).
The average size of a house on ALDER PARK ROAD is 126 sq meters (1,362 sq feet).
This house is the largest in the street with a floor area of 318 sq meters (3,422 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Poolfield Drive |
| Oct 2024 | Burglary | Unable to prosecute suspect | On or near Alderbrook Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alderbrook Road |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near White House Way |
| Nov 2024 | Possession of weapons | Under investigation | On or near B4102 |