£186,361
This estimated value is based upon the latest sale price for the house of £183,000 on 4 Aug 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £183,000 | 4 Aug 2023 |
| £135,000 | 15 Feb 2019 |
| £128,000 | 31 Jan 2019 |
| £116,500 | 25 Aug 2016 |
| £97,500 | 24 Apr 2014 |
| £26,000 | 16 Aug 1996 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 2023 the House Price Index for WEST MIDLANDS was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £183,000 results in an estimated price of approximately £186,361.
| 4 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £183,000 | £3,361 | £186,361 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | -5.409 % | £-9,898 | £173,101 |
| 3 Month Average | 0.357 % | £654 | £183,654 |
| 6 Month Average | 1.434 % | £2,625 | £185,625 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £318,000 | £318,000 | 144 WINDMILL ROAD |
| 12 Apr 2024 | £282,453 | £280,000 | 61 ALDER ROAD |
| 11 Oct 2023 | £199,532 | £195,000 | 13 ALDER ROAD |
| 4 Aug 2023 | £186,361 | £183,000 | 15 ALDER ROAD |
| 25 Apr 2023 | £184,450 | £181,000 | 38 ALDER ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 20 Dec 2018. Using an estimated price of £186,361 means this house is valued at £2,700 per sq meter (£250 per sq foot).
The average size of a house on ALDER ROAD is 83 sq meters (896 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Alder Road | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alder Road |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Alder Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |