£658,839
This estimated value is based upon the latest sale price for the house of £420,000 on 28 Apr 2014. 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 Alcester Drive
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| Price Paid | Date |
|---|---|
| £420,000 | 28 Apr 2014 |
| Detached |
| Freehold |
| Floor Area: 214 sq meters or 2,303 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 April 2014 the House Price Index for WEST MIDLANDS was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £420,000 results in an estimated price of approximately £658,839.
| 28 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 149.7 | 56.867 % | £420,000 | £238,839 | £658,839 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 71.787 % | £301,506 | £721,506 |
| 3 Month Average | 60.209 % | £252,875 | £672,875 |
| 6 Month Average | 46.320 % | £194,542 | £614,542 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £468,449 | £460,000 | 94 DENHOLM ROAD |
| 30 Jun 2023 | £446,957 | £438,000 | 8 GRENDON DRIVE |
| 19 Jan 2023 | £671,795 | £670,000 | 109 DARNICK ROAD |
| 9 Jan 2023 | £626,674 | £625,000 | 111 DARNICK ROAD |
| 9 Sep 2022 | £424,716 | £425,000 | 62 DARNICK ROAD |
This house has a floor area of 214 sq meters or 2,303 sq feet when measured on 5 Jul 2013. Using an estimated price of £658,840 means this house is valued at £3,078 per sq meter (£286 per sq foot).
The average size of a house on DARNICK ROAD is 136 sq meters (1,468 sq feet).
This house is the largest in the street with a floor area of 214 sq meters (2,303 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Unable to prosecute suspect | On or near Alcester Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Avery Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Avery Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Tudor Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Tudor Close |