£253,102
This estimated value is based upon the latest sale price for the house of £222,500 on 1 Apr 2021. 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 |
|---|---|
| £222,500 | 1 Apr 2021 |
| £79,995 | 4 Feb 2000 |
| £49,950 | 20 May 1997 |
| Detached |
| Freehold |
| Floor Area: 53 sq meters or 570 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 April 2021 the House Price Index for WEST MIDLANDS was 131.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.754%.Applying this 13.754% change to the original purchase price of £222,500 results in an estimated price of approximately £253,102.
| 1 Apr 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.6 | 149.7 | 13.754 % | £222,500 | £30,602 | £253,102 |
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 | -16.970 % | £-37,758 | £184,741 |
| 3 Month Average | -3.967 % | £-8,826 | £213,673 |
| 6 Month Average | -0.335 % | £-744 | £221,755 |
| 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 |
| 5 Sep 2022 | £275,116 | £275,300 | 41 BLACKBURN AVENUE |
| 8 Jul 2022 | £409,099 | £405,000 | 82 ALDERSLEY AVENUE |
| 25 Mar 2022 | £255,764 | £245,000 | 56 ALDERSLEY AVENUE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 11 Apr 2019. Using an estimated price of £253,102 means this house is valued at £4,775 per sq meter (£443 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 | Drugs | Investigation complete; no suspect identified | On or near Aldersley Avenue |
| Jul 2024 | Other theft | Under investigation | 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 |