£203,583
This estimated value is based upon the latest sale price for the house of £124,950 on 9 Mar 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £124,950 | 9 Mar 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 March 2007 the House Price Index for WEST MIDLANDS was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.932%.Applying this 62.932% change to the original purchase price of £124,950 results in an estimated price of approximately £203,583.
| 9 Mar 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 149.7 | 62.932 % | £124,950 | £78,633 | £203,583 |
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 | 168.929 % | £211,076 | £336,026 |
| 3 Month Average | 91.460 % | £114,279 | £239,229 |
| 6 Month Average | 67.331 % | £84,130 | £209,080 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Oct 2023 | £204,648 | £200,000 | 470 ALWOLD ROAD |
| 1 Sep 2023 | £216,779 | £212,000 | 1 NATELY GROVE |
| 25 Aug 2023 | £208,765 | £205,000 | 318 RESERVOIR ROAD |
| 26 Aug 2022 | £227,564 | £226,500 | 296 RESERVOIR ROAD |
| 17 Aug 2022 | £185,869 | £185,000 | 402 ALWOLD ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 19 Jan 2017. Using an estimated price of £203,584 means this house is valued at £2,313 per sq meter (£214 per sq foot).
The average size of a house on ALWOLD ROAD is 72 sq meters (784 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Nately Grove |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nately Grove |
| Jul 2024 | Anti-social behaviour | On or near Nately Grove | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Nately Grove |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nately Grove |