£1,650,723
This estimated value is based upon the latest sale price for the house of £1,600,000 on 7 Dec 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £1,600,000 | 7 Dec 2023 |
| £1,095,000 | 4 Feb 2015 |
| £1,095,000 | 31 May 2007 |
| £850,000 | 23 Jun 2005 |
| Detached |
| Freehold |
| Floor Area: 279 sq meters or 3,010 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 2023 the House Price Index for WEST MIDLANDS was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £1,600,000 results in an estimated price of approximately £1,650,723.
| 7 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £1,600,000 | £50,723 | £1,650,723 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | 6.337 % | £101,384 | £1,701,384 |
| 3 Month Average | 11.749 % | £187,986 | £1,787,986 |
| 6 Month Average | -2.962 % | £-47,388 | £1,552,611 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £766,658 | £760,000 | 19 POOLFIELD DRIVE |
| 4 Apr 2024 | £907,884 | £900,000 | 32 WELCOMBE GROVE |
| 7 Dec 2023 | £1,650,723 | £1,600,000 | 50 ALDERBROOK ROAD |
| 8 Nov 2023 | £692,581 | £675,000 | 24 POOLFIELD DRIVE |
| 7 Nov 2023 | £441,199 | £430,000 | 45 POOLFIELD DRIVE |
This house has a floor area of 279 sq meters or 3,010 sq feet when measured on 23 Jan 2012. Using an estimated price of £1,650,723 means this house is valued at £5,903 per sq meter (£548 per sq foot).
The average size of a house on ALDERBROOK ROAD is 303 sq meters (3,270 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Poolfield Drive |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welcombe Grove |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Welcombe Grove |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Welcombe Grove |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near White House Way |