£690,970
This estimated value is based upon the latest sale price for the house of £125,000 on 28 Oct 1996. 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 Alison Road
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| Price Paid | Date |
|---|---|
| £125,000 | 28 Oct 1996 |
| Detached |
| Freehold |
| Floor Area: 172 sq meters or 1,851 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 October 1996 the House Price Index for WEST MIDLANDS was 27.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 452.776%.Applying this 452.776% change to the original purchase price of £125,000 results in an estimated price of approximately £690,970.
| 28 Oct 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.1 | 149.7 | 452.776 % | £125,000 | £565,970 | £690,970 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 361.036 % | £451,294 | £576,294 |
| 3 Month Average | 352.982 % | £441,226 | £566,226 |
| 6 Month Average | 348.847 % | £436,058 | £561,058 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £350,383 | £345,000 | 10 ALISON ROAD |
| 7 Dec 2023 | £335,303 | £325,000 | 7 RADDENS ROAD |
| 13 Nov 2023 | £266,772 | £260,000 | 4 JULIET ROAD |
| 27 Oct 2023 | £373,483 | £365,000 | 35 HIPLANDS ROAD |
| 18 Aug 2023 | £447,063 | £439,000 | 28 HIPLANDS ROAD |
This house has a floor area of 172 sq meters or 1,851 sq feet when measured on 30 Jan 2016. Using an estimated price of £690,971 means this house is valued at £4,017 per sq meter (£373 per sq foot).
The average size of a house on ALISON ROAD is 148 sq meters (1,601 sq feet).
This house is the largest in the street with a floor area of 172 sq meters (1,851 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Alison Road |
| Oct 2024 | Burglary | Under investigation | On or near Alison Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alison Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lavinia Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lavinia Road |