£133,740
This estimated value is based upon the latest sale price for the house of £90,000 on 21 Jan 2015. 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 Jan 2015 |
| £91,000 | 31 Aug 2007 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 January 2015 the House Price Index for WEST MIDLANDS was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £90,000 results in an estimated price of approximately £133,740.
| 21 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £90,000 | £43,740 | £133,740 |
The Postcode Pricing Model uses changes in average sales price within the B29 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 | 80.675 % | £72,607 | £162,607 |
| 3 Month Average | 49.171 % | £44,254 | £134,254 |
| 6 Month Average | 72.886 % | £65,597 | £155,597 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £131,954 | £130,000 | 425 ALWOLD ROAD |
| 1 Sep 2023 | £214,746 | £212,000 | 1 NATELY GROVE |
| 21 Jul 2023 | £217,933 | £215,000 | 177 WEOLEY AVENUE |
| 17 Aug 2022 | £184,503 | £185,000 | 402 ALWOLD ROAD |
| 26 Nov 2021 | £380,693 | £352,000 | 28 ELFORD ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 3 Aug 2012. Using an estimated price of £133,740 means this house is valued at £1,832 per sq meter (£170 per sq foot).
The average size of a house on ALWOLD ROAD is 72 sq meters (784 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Nately Grove |
| Mar 2024 | Possession of weapons | Under investigation | On or near Nately Grove |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Nately Grove |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Nately Grove |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Nately Grove |