£150,508
This estimated value is based upon the latest sale price for the house of £150,000 on 8 Mar 2024. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £150,000 | 8 Mar 2024 |
| £129,000 | 4 Apr 2016 |
| £59,950 | 5 Jun 1998 |
| Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 March 2024 the House Price Index for WEST MIDLANDS was 147.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.339%.Applying this 0.339% change to the original purchase price of £150,000 results in an estimated price of approximately £150,508.
| 8 Mar 2024 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.5 | 148.0 | 0.339 % | £150,000 | £508 | £150,508 |
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 | 15.884 % | £23,825 | £173,825 |
| 3 Month Average | 5.578 % | £8,367 | £158,367 |
| 6 Month Average | -0.441 % | £-661 | £149,338 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £150,508 | £150,000 | 162 ALDERMANS GREEN ROAD |
| 28 Nov 2023 | £137,769 | £136,000 | FLAT 13 PAGET COURT ALDERMANS GREEN ROAD |
| 25 Aug 2023 | £206,254 | £205,000 | 333 ALDERMANS GREEN ROAD |
| 28 Jul 2023 | £156,480 | £155,000 | 130 ALDERMANS GREEN ROAD |
| 9 Jun 2023 | £221,798 | £220,000 | 20 SLEDMERE CLOSE |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 15 Apr 2013. Using an estimated price of £150,508 means this house is valued at £1,213 per sq meter (£112 per sq foot).
The average size of a house on ALDERMANS GREEN ROAD is 86 sq meters (930 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alderman'S Green Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alderman'S Green Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Paget Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Reading Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near Parking Area |