£204,850
This estimated value is based upon the latest sale price for the house of £40,000 on 19 Jun 1997. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £40,000 | 19 Jun 1997 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 1997 the House Price Index for WEST MIDLANDS was 29.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 412.126%.Applying this 412.126% change to the original purchase price of £40,000 results in an estimated price of approximately £204,850.
| 19 Jun 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.0 | 148.6 | 412.126 % | £40,000 | £164,850 | £204,850 |
The Postcode Pricing Model uses changes in average sales price within the B5 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 | 176.371 % | £70,548 | £110,548 |
| 3 Month Average | 127.223 % | £50,889 | £90,889 |
| 6 Month Average | 164.573 % | £65,829 | £105,829 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £279,897 | £275,000 | 40 ALEXANDRA ROAD |
| 16 Nov 2023 | £208,081 | £205,000 | 123 ALEXANDRA ROAD |
| 28 Mar 2023 | £272,568 | £270,000 | 63 PRINCESS ROAD |
| 28 Apr 2022 | £211,109 | £205,000 | 50 PRINCESS ROAD |
| 22 Apr 2022 | £155,500 | £151,000 | 66A ALEXANDRA ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 21 Apr 2015. Using an estimated price of £204,850 means this house is valued at £2,226 per sq meter (£206 per sq foot).
The average size of a house on BALSALL HEATH ROAD is 93 sq meters (1,002 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Alexandra Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Alexandra Road |
| Apr 2024 | Other theft | Under investigation | On or near Alexandra Road |
| Feb 2024 | Robbery | Investigation complete; no suspect identified | On or near Alexandra Road |
| Mar 2024 | Possession of weapons | Awaiting court outcome | On or near Hawkins Close |