£132,370
This estimated value is based upon the latest sale price for the house of £130,500 on 21 Jun 2022. 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 Victoria Road
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| Price Paid | Date |
|---|---|
| £130,500 | 21 Jun 2022 |
| £90,000 | 27 Aug 2014 |
| £110,000 | 11 Jun 2004 |
| £51,773 | 25 May 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 87 sq meters or 936 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 June 2022 the House Price Index for WEST MIDLANDS was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £130,500 results in an estimated price of approximately £132,370.
| 21 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.6 | 1.433 % | £130,500 | £1,870 | £132,370 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 90.297 % | £117,837 | £248,337 |
| 3 Month Average | 5.422 % | £7,075 | £137,575 |
| 6 Month Average | 10.106 % | £13,188 | £143,688 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £284,208 | £280,000 | 4 LOWLANDS AVENUE |
| 12 Apr 2023 | £252,721 | £250,000 | 30 CORVE GARDENS |
| 21 Jun 2022 | £132,371 | £130,500 | 96A ALDERSLEY ROAD |
| 6 Apr 2022 | £239,943 | £233,000 | 47 ALDERSLEY ROAD |
| 28 Mar 2022 | £148,186 | £143,000 | 30 VICTORIA ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 4 Jul 2013. Using an estimated price of £132,371 means this house is valued at £1,521 per sq meter (£141 per sq foot).
The average size of a house on ALDERSLEY ROAD is 82 sq meters (887 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Victoria Road |
| Feb 2024 | Vehicle crime | Under investigation | On or near Victoria Road |
| Feb 2024 | Vehicle crime | Under investigation | On or near Victoria Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Road |
| Dec 2023 | Burglary | Under investigation | On or near Parking Area |