£228,915
This estimated value is based upon the latest sale price for the house of £123,000 on 8 Apr 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £123,000 | 8 Apr 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 April 2005 the House Price Index for WEST MIDLANDS was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.110%.Applying this 86.110% change to the original purchase price of £123,000 results in an estimated price of approximately £228,915.
| 8 Apr 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.6 | 86.110 % | £123,000 | £105,915 | £228,915 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | 37.588 % | £46,233 | £169,233 |
| 3 Month Average | 35.474 % | £43,632 | £166,632 |
| 6 Month Average | 52.921 % | £65,093 | £188,093 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £129,658 | £128,000 | 25 CHESTER PLACE |
| 2 Jun 2023 | £136,655 | £135,000 | 97 ALUMWELL ROAD |
| 10 Feb 2023 | £107,373 | £107,445 | 44 DURHAM PLACE |
| 27 May 2022 | £203,841 | £200,000 | 50B ALUMWELL ROAD |
| 9 Dec 2021 | £203,562 | £190,000 | 40 ALUMWELL ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 6 Jun 2014. Using an estimated price of £228,916 means this house is valued at £2,758 per sq meter (£256 per sq foot).
The average size of a house on ALUMWELL ROAD is 80 sq meters (870 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Southbourne Avenue | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southbourne Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southbourne Avenue |
| Mar 2024 | Anti-social behaviour | On or near Southbourne Avenue | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southbourne Avenue |