£175,803
This estimated value is based upon the latest sale price for the house of £129,950 on 4 May 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £129,950 | 4 May 2016 |
| £104,950 | 8 Oct 2004 |
| £104,950 | 8 Oct 2004 |
| £51,500 | 17 Apr 2003 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 May 2016 the House Price Index for WEST MIDLANDS was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £129,950 results in an estimated price of approximately £175,803.
| 4 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £129,950 | £45,853 | £175,803 |
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 | 48.210 % | £62,648 | £192,598 |
| 3 Month Average | 44.341 % | £57,621 | £187,571 |
| 6 Month Average | 41.096 % | £53,404 | £183,354 |
| 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 |
| 12 Apr 2024 | £222,936 | £221,000 | 224 WINDMILL ROAD |
| 11 Oct 2023 | £199,532 | £195,000 | 13 ALDER ROAD |
| 4 Aug 2023 | £186,361 | £183,000 | 15 ALDER ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 29 Aug 2015. Using an estimated price of £175,804 means this house is valued at £2,375 per sq meter (£220 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 |