£142,069
This estimated value is based upon the latest sale price for the house of £115,000 on 18 Mar 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Parking Area
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| Price Paid | Date |
|---|---|
| £115,000 | 18 Mar 2019 |
| £92,000 | 7 May 2004 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £115,000 results in an estimated price of approximately £142,069.
| 18 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £115,000 | £27,069 | £142,069 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 113.576 % | £130,612 | £245,612 |
| 3 Month Average | 36.039 % | £41,444 | £156,444 |
| 6 Month Average | 30.291 % | £34,834 | £149,834 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £101,503 | £100,000 | 182 ALDERSLEY ROAD |
| 28 Nov 2023 | £106,578 | £105,000 | 123 ALDERSLEY ROAD |
| 20 Nov 2023 | £284,208 | £280,000 | 4 LOWLANDS AVENUE |
| 4 Aug 2023 | £302,597 | £299,950 | 145 ALDERSLEY ROAD |
| 28 Jun 2023 | £116,916 | £115,500 | 178 ALDERSLEY ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 12 May 2012. Using an estimated price of £142,070 means this house is valued at £1,821 per sq meter (£169 per sq foot).
The average size of a house on ALDERSLEY ROAD is 82 sq meters (887 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Dec 2023 | Burglary | Under investigation | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near Aldersley Road | |
| Feb 2024 | Robbery | Unable to prosecute suspect | On or near Aldersley Road |