£185,331
This estimated value is based upon the latest sale price for the house of £98,000 on 1 Oct 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Alexander Road
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Price Paid | Date |
---|---|
£98,000 | 1 Oct 2004 |
Terraced |
Freehold |
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 October 2004 the House Price Index for WEST MIDLANDS was 78.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 89.114%.Applying this 89.114% change to the original purchase price of £98,000 results in an estimated price of approximately £185,331.
1 Oct 2004 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.3 | 148.0 | 89.114 % | £98,000 | £87,331 | £185,331 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | 94.747 % | £92,851 | £190,851 |
3 Month Average | 103.602 % | £101,529 | £199,529 |
6 Month Average | 75.128 % | £73,625 | £171,625 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £195,702 | £192,000 | 23 QUEEN ELIZABETH AVENUE |
8 Jul 2022 | £169,771 | £170,000 | 20 MOUNTBATTEN ROAD |
5 Apr 2022 | £170,769 | £166,500 | 58 WILKES AVENUE |
10 Mar 2022 | £232,218 | £225,000 | 90 WOLVERHAMPTON ROAD WEST |
21 Dec 2021 | £202,740 | £190,000 | 2 CAIRN DRIVE |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Alexander Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Alexander Road |
Mar 2024 | Anti-social behaviour | On or near Mountbatten Road | |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mountbatten Road |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Mountbatten Road |