£147,536
This estimated value is based upon the latest sale price for the house of £43,500 on 22 Jun 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £43,500 | 22 Jun 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 2001 the House Price Index for WEST MIDLANDS was 43.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 239.164%.Applying this 239.164% change to the original purchase price of £43,500 results in an estimated price of approximately £147,536.
| 22 Jun 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.8 | 148.6 | 239.164 % | £43,500 | £104,036 | £147,536 |
The Postcode Pricing Model uses changes in average sales price within the B23 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 | 189.156 % | £82,282 | £125,782 |
| 3 Month Average | 212.183 % | £92,299 | £135,799 |
| 6 Month Average | 188.825 % | £82,138 | £125,638 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £96,692 | £95,000 | FLAT 5 NEWLAND COURT, 31 ALWYNN WALK |
| 15 Dec 2023 | £103,816 | £102,000 | FLAT 9 LEIGH COURT, 33 ALWYNN WALK |
| 6 Nov 2023 | £97,443 | £96,000 | FLAT 5 LEIGH COURT, 33 ALWYNN WALK |
| 18 Aug 2023 | £116,015 | £115,000 | FLAT 5 RUSHWICK COURT, 106 NORTH PARK ROAD |
| 2 Aug 2023 | £102,900 | £102,000 | FLAT 2 NEWLAND COURT, 31 ALWYNN WALK |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 10 Jan 2020. Using an estimated price of £147,536 means this house is valued at £2,543 per sq meter (£236 per sq foot).
The average size of a house on ALWYNN WALK is 63 sq meters (679 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Drake Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Drake Road |
| Mar 2024 | Robbery | Investigation complete; no suspect identified | On or near Drake Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Drake Road |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Drake Road |