£229,543
This estimated value is based upon the latest sale price for the house of £120,000 on 14 Oct 2004. 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 Albert Road
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| Price Paid | Date |
|---|---|
| £120,000 | 14 Oct 2004 |
| £95,950 | 11 Dec 2002 |
| £57,950 | 25 Aug 2000 |
| £39,500 | 19 Jan 1999 |
| Flats/Maisonettes |
| Leasehold |
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 2004 the House Price Index for WEST MIDLANDS was 78.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 91.287%.Applying this 91.287% change to the original purchase price of £120,000 results in an estimated price of approximately £229,543.
| 14 Oct 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.3 | 149.7 | 91.287 % | £120,000 | £109,543 | £229,543 |
The Postcode Pricing Model uses changes in average sales price within the B17 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 | 31.692 % | £38,030 | £158,030 |
| 3 Month Average | 26.557 % | £31,868 | £151,868 |
| 6 Month Average | 34.558 % | £41,469 | £161,469 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Sep 2024 | £185,000 | £185,000 | 1C LORDSWOOD ROAD |
| 24 Apr 2024 | £696,044 | £690,000 | 53 ALBERT ROAD |
| 12 Jun 2023 | £334,197 | £327,500 | APARTMENT 23 HARBORNE VILLAGE APARTMENTS, 349 - 353 HIGH STREET |
| 4 Feb 2022 | £169,033 | £160,000 | FLAT 18 WINIFRIDE COURT, 8 ALBERT ROAD |
| 30 Nov 2021 | £234,247 | £215,000 | APARTMENT 21 HARBORNE VILLAGE APARTMENTS, 349 - 353 HIGH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Albert Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albert Road |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Albert Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albert Road |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Albert Road |