£2,451,210
This estimated value is based upon the latest sale price for the house of £400,000 on 21 Jun 2024. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £400,000 | 21 Jun 2024 |
| £218,000 | 18 Sep 2001 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 June 2024 the House Price Index for WEST MIDLANDS was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £400,000 results in an estimated price of approximately £2,451,210.
| 21 Jun 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £400,000 | £2,051,210 | £2,451,210 |
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 | 89.277 % | £357,107 | £757,107 |
| 3 Month Average | 4.816 % | £19,263 | £419,263 |
| 6 Month Average | 4.003 % | £16,012 | £416,012 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Oct 2024 | £245,000 | £245,000 | 23 LENTONS LANE |
| 14 Dec 2023 | £154,755 | £150,000 | 4 OLD CROWN MEWS |
| 10 Nov 2023 | £189,818 | £185,000 | 47 LENTONS LANE |
| 24 Feb 2023 | £291,950 | £290,000 | 344 ALDERMANS GREEN ROAD |
| 30 Sep 2022 | £159,893 | £160,000 | 32 TYNEMOUTH CLOSE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 22 Nov 2018.
The average size of a house on ALDERMANS GREEN ROAD is 86 sq meters (930 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Old Crown Mews |
| Aug 2024 | Robbery | Investigation complete; no suspect identified | On or near Old Crown Mews |
| Aug 2024 | Anti-social behaviour | On or near Tynemouth Close | |
| Aug 2024 | Anti-social behaviour | On or near Tynemouth Close | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Canberra Road |