£144,526
This estimated value is based upon the latest sale price for the house of £125,000 on 11 Dec 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £125,000 | 11 Dec 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 December 2020 the House Price Index for WEST MIDLANDS was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £125,000 results in an estimated price of approximately £144,526.
| 11 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £125,000 | £19,526 | £144,526 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 8.065 % | £10,081 | £135,081 |
| 3 Month Average | 9.405 % | £11,756 | £136,756 |
| 6 Month Average | 7.804 % | £9,754 | £134,754 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £418,635 | £415,000 | 23 WYNFIELD GARDENS |
| 8 Dec 2023 | £152,692 | £148,000 | 385 ALCESTER ROAD SOUTH |
| 8 Sep 2023 | £511,271 | £500,000 | 409 ALCESTER ROAD SOUTH |
| 5 Apr 2023 | £476,920 | £468,000 | 425 ALCESTER ROAD SOUTH |
| 23 Nov 2022 | £167,218 | £168,000 | 24 WYNFIELD GARDENS |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 18 Aug 2020. Using an estimated price of £144,526 means this house is valued at £2,294 per sq meter (£213 per sq foot).
The average size of a house on ALCESTER ROAD SOUTH is 101 sq meters (1,091 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Wynfield Gardens |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wynfield Gardens |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Wynfield Gardens |
| Sep 2024 | Public order | Under investigation | On or near Wynfield Gardens |
| Sep 2024 | Shoplifting | Under investigation | On or near Wynfield Gardens |