£163,844
This estimated value is based upon the latest sale price for the house of £133,000 on 24 Aug 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £133,000 | 24 Aug 2018 |
| £105,000 | 6 Mar 2015 |
| £42,999 | 9 Apr 1998 |
| £42,999 | 9 Apr 1998 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 2018 the House Price Index for WEST MIDLANDS was 120.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.191%.Applying this 23.191% change to the original purchase price of £133,000 results in an estimated price of approximately £163,844.
| 24 Aug 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.0 | 23.191 % | £133,000 | £30,844 | £163,844 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 24.597 % | £32,714 | £165,714 |
| 3 Month Average | 6.006 % | £7,988 | £140,988 |
| 6 Month Average | 18.175 % | £24,172 | £157,172 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £282,674 | £280,000 | 64 ALDERMANS GREEN ROAD |
| 28 Jul 2023 | £156,480 | £155,000 | 130 ALDERMANS GREEN ROAD |
| 3 Mar 2023 | £189,022 | £188,000 | 18 CO OPERATIVE STREET |
| 7 Nov 2022 | £241,090 | £245,000 | 82 ALDERMANS GREEN ROAD |
| 17 Aug 2022 | £243,356 | £245,000 | 29 LUCERNE CLOSE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 19 Jan 2018. Using an estimated price of £163,844 means this house is valued at £2,600 per sq meter (£241 per sq foot).
The average size of a house on ALDERMANS GREEN ROAD is 86 sq meters (930 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Co-Operative Street |
| Apr 2024 | Anti-social behaviour | On or near Mill Close | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mill Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lucerne Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sandpiper Road |