£183,758
This estimated value is based upon the latest sale price for the house of £185,000 on 17 Aug 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £185,000 | 17 Aug 2022 |
| £118,000 | 30 Nov 2016 |
| £114,000 | 3 Aug 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 August 2022 the House Price Index for WEST MIDLANDS was 149.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.671%.Applying this -0.671% change to the original purchase price of £185,000 results in an estimated price of approximately £183,758.
| 17 Aug 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.0 | -0.671 % | £185,000 | £-1,241 | £183,758 |
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 | 86.576 % | £160,164 | £345,164 |
| 3 Month Average | 5.371 % | £9,936 | £194,936 |
| 6 Month Average | 13.915 % | £25,743 | £210,743 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £131,691 | £130,000 | 425 ALWOLD ROAD |
| 26 Aug 2022 | £224,980 | £226,500 | 296 RESERVOIR ROAD |
| 17 Aug 2022 | £183,758 | £185,000 | 402 ALWOLD ROAD |
| 26 Nov 2021 | £379,156 | £352,000 | 28 ELFORD ROAD |
| 24 Sep 2021 | £214,648 | £200,000 | 29 NATELY GROVE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 27 Jul 2012. Using an estimated price of £183,758 means this house is valued at £2,483 per sq meter (£230 per sq foot).
The average size of a house on ALWOLD ROAD is 72 sq meters (784 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Nately Grove |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Nately Grove |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Nately Grove |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Nately Grove |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Nately Grove |