£93,953
This estimated value is based upon the latest sale price for the house of £90,000 on 21 Mar 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £90,000 | 21 Mar 2022 |
| £64,950 | 17 Aug 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 2022 the House Price Index for WEST MIDLANDS was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £90,000 results in an estimated price of approximately £93,953.
| 21 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £90,000 | £3,953 | £93,953 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | -35.830 % | £-32,247 | £57,752 |
| 3 Month Average | -4.992 % | £-4,492 | £85,507 |
| 6 Month Average | 10.183 % | £9,164 | £99,164 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £182,809 | £180,000 | 32 SHERIDAN STREET |
| 27 Jun 2023 | £226,540 | £222,000 | 1 GRAHAM ROAD |
| 5 May 2022 | £72,026 | £70,150 | 39 STONEY LANE |
| 21 Mar 2022 | £93,954 | £90,000 | 24 ALBION FIELD DRIVE |
| 28 Jan 2022 | £92,767 | £87,500 | 38 ALBION FIELD DRIVE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 22 May 2015. Using an estimated price of £93,954 means this house is valued at £1,957 per sq meter (£181 per sq foot).
The average size of a house on ALBION FIELD DRIVE is 67 sq meters (723 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albion Field Drive |
| Sep 2024 | Other crime | Unable to prosecute suspect | On or near Albion Field Drive |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Albion Field Drive |
| Sep 2024 | Drugs | Local resolution | On or near Withers Way |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Withers Way |