£85,831
This estimated value is based upon the latest sale price for the house of £69,750 on 27 Aug 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£69,750 | 27 Aug 2019 |
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 August 2019 the House Price Index for WEST MIDLANDS was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £69,750 results in an estimated price of approximately £85,831.
27 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 148.6 | 23.056 % | £69,750 | £16,081 | £85,831 |
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 | 16.357 % | £11,409 | £81,159 |
3 Month Average | 13.463 % | £9,390 | £79,140 |
6 Month Average | 6.155 % | £4,292 | £74,042 |
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 |
2 Aug 2023 | £102,900 | £102,000 | FLAT 2 NEWLAND COURT, 31 ALWYNN WALK |
29 Jun 2023 | £104,263 | £103,000 | FLAT 1 PENDOCK COURT, 116 NORTH PARK ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 13 May 2019. Using an estimated price of £85,832 means this house is valued at £1,479 per sq meter (£137 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 | Drugs | Under investigation | On or near Muscovy Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Muscovy Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Muscovy Road |
Jan 2024 | Anti-social behaviour | On or near Muscovy Road | |
Jan 2024 | Anti-social behaviour | On or near Muscovy Road |