£115,071
This estimated value is based upon the latest sale price for the house of £70,000 on 18 Sep 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £70,000 | 18 Sep 2013 |
| £28,000 | 6 Oct 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 September 2013 the House Price Index for WEST MIDLANDS was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.388%.Applying this 64.388% change to the original purchase price of £70,000 results in an estimated price of approximately £115,071.
| 18 Sep 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.6 | 64.388 % | £70,000 | £45,071 | £115,071 |
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 | 39.038 % | £27,326 | £97,326 |
| 3 Month Average | 42.060 % | £29,442 | £99,442 |
| 6 Month Average | 64.628 % | £45,239 | £115,239 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Feb 2023 | £196,868 | £197,000 | 8 CLEVELAND ROAD |
| 27 Jan 2023 | £149,297 | £150,000 | 39 CAMDEN STREET |
| 8 Jul 2022 | £182,491 | £182,000 | 88 BURLINGTON ROAD |
| 21 Mar 2022 | £196,890 | £190,000 | 91 BURLINGTON ROAD |
| 4 Mar 2022 | £178,237 | £172,000 | 15 CLEVELAND ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 14 Dec 2012. Using an estimated price of £115,072 means this house is valued at £1,620 per sq meter (£150 per sq foot).
The average size of a house on ALVERSTONE ROAD is 105 sq meters (1,134 sq feet).
This house is the smallest in the street with a floor area of 71 sq meters (764 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Alverstone Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Alverstone Road |
| Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Alverstone Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cleveland Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cleveland Road |