£186,148
This estimated value is based upon the latest sale price for the house of £110,000 on 16 Nov 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £110,000 | 16 Nov 2012 |
| £28,000 | 28 Feb 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 November 2012 the House Price Index for WEST MIDLANDS was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £110,000 results in an estimated price of approximately £186,148.
| 16 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £110,000 | £76,148 | £186,148 |
The Postcode Pricing Model uses changes in average sales price within the WS10 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 | 64.398 % | £70,837 | £180,837 |
| 3 Month Average | 28.787 % | £31,665 | £141,665 |
| 6 Month Average | 79.220 % | £87,142 | £197,142 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £157,329 | £155,000 | 21 ALDER ROAD |
| 15 Aug 2023 | £191,677 | £190,000 | 189 PARK LANE |
| 27 Apr 2023 | £202,177 | £200,000 | 187 PARK LANE |
| 28 Oct 2022 | £217,656 | £220,000 | 93 BARLOW ROAD |
| 7 Apr 2022 | £211,109 | £205,000 | 45 PRINCE GEORGE ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 22 May 2012. Using an estimated price of £186,148 means this house is valued at £1,807 per sq meter (£167 per sq foot).
The average size of a house on ALDER ROAD is 92 sq meters (1,000 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alder Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alder Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Alder Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Poplar Road |
| Mar 2024 | Other crime | Under investigation | On or near Poplar Road |