£255,231
This estimated value is based upon the latest sale price for the house of £159,995 on 27 Feb 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £159,995 | 27 Feb 2014 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 2014 the House Price Index for WEST MIDLANDS was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £159,995 results in an estimated price of approximately £255,231.
| 27 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 149.7 | 59.525 % | £159,995 | £95,236 | £255,231 |
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 | 226.508 % | £362,401 | £522,396 |
| 3 Month Average | 69.401 % | £111,037 | £271,032 |
| 6 Month Average | 71.185 % | £113,893 | £273,888 |
| 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 131 sq meters or 1,410 sq feet when measured on 11 Feb 2014. Using an estimated price of £255,232 means this house is valued at £1,948 per sq meter (£181 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 | Other theft | Investigation complete; no suspect identified | On or near Alma Way |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bartons 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 | Anti-social behaviour | On or near Alma Way |