£244,119
This estimated value is based upon the latest sale price for the house of £197,500 on 20 Sep 2019. 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 St Margarets Drive
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| Price Paid | Date |
|---|---|
| £197,500 | 20 Sep 2019 |
| £126,500 | 27 Nov 2015 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 September 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £197,500 results in an estimated price of approximately £244,119.
| 20 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £197,500 | £46,619 | £244,119 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 79.081 % | £156,184 | £353,684 |
| 3 Month Average | 16.354 % | £32,298 | £229,798 |
| 6 Month Average | 15.321 % | £30,259 | £227,759 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £156,000 | £156,000 | 3 ALBRIGHTON ROAD |
| 5 Mar 2024 | £243,745 | £240,000 | 1 ALBERT ROAD |
| 15 Dec 2023 | £208,404 | £202,000 | 73 ALBERT ROAD |
| 29 Sep 2023 | £153,381 | £150,000 | 29 ALBERT ROAD |
| 16 Jun 2023 | £132,658 | £130,000 | 14 ALBERT ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 27 Jun 2019. Using an estimated price of £244,119 means this house is valued at £3,698 per sq meter (£343 per sq foot).
The average size of a house on ALBERT DRIVE is 112 sq meters (1,205 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (710 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near St Margarets Drive |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Laymoor Drive |
| Jul 2024 | Public order | Under investigation | On or near Chaddesley Road |
| Jun 2024 | Anti-social behaviour | On or near Albrighton Road | |
| Jun 2024 | Anti-social behaviour | On or near Albrighton Road |