£208,963
This estimated value is based upon the latest sale price for the house of £165,000 on 1 Dec 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£165,000 | 1 Dec 2017 |
£103,000 | 21 Jan 2011 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 933 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 2017 the House Price Index for WEST MIDLANDS was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £165,000 results in an estimated price of approximately £208,963.
1 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 149.7 | 26.645 % | £165,000 | £43,963 | £208,963 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 19.483 % | £32,146 | £197,146 |
3 Month Average | 23.242 % | £38,348 | £203,348 |
6 Month Average | 25.957 % | £42,829 | £207,829 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £218,721 | £212,000 | 28 ALBERT CRESCENT |
24 Nov 2023 | £179,558 | £175,000 | 7 ALBERT CRESCENT |
13 May 2022 | £179,681 | £175,000 | 5 FARM CLOSE |
30 Mar 2022 | £187,908 | £180,000 | 23 FARM CLOSE |
29 Mar 2022 | £297,521 | £285,000 | 22 WATERY LANE |
This house has a floor area of 86 sq meters or 933 sq feet when measured on 28 Jul 2010. Using an estimated price of £208,964 means this house is valued at £2,408 per sq meter (£223 per sq foot).
The average size of a house on ALBERT CRESCENT is 87 sq meters (943 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Albert Crescent |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Albert Crescent |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albert Crescent |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elphin Close |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Watery Lane |