£156,576
This estimated value is based upon the latest sale price for the house of £130,000 on 30 Mar 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £130,000 | 30 Mar 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 623 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 March 2020 the House Price Index for WEST MIDLANDS was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £130,000 results in an estimated price of approximately £156,576.
| 30 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £130,000 | £26,576 | £156,576 |
The Postcode Pricing Model uses changes in average sales price within the B31 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 | -8.947 % | £-11,631 | £118,368 |
| 3 Month Average | 24.213 % | £31,476 | £161,476 |
| 6 Month Average | 17.104 % | £22,235 | £152,235 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jun 2023 | £202,452 | £200,000 | 55 PRITCHETT ROAD |
| 31 Mar 2023 | £134,770 | £133,500 | 39 WESTMINSTER PLACE |
| 17 Oct 2022 | £242,390 | £245,000 | 130 ALVECHURCH ROAD |
| 30 Sep 2022 | £193,438 | £195,000 | 174 ALVECHURCH ROAD |
| 5 Aug 2022 | £329,114 | £330,000 | 191 ALVECHURCH ROAD |
This house has a floor area of 57 sq meters or 623 sq feet when measured on 27 Mar 2010. Using an estimated price of £156,577 means this house is valued at £2,703 per sq meter (£251 per sq foot).
The average size of a house on ALVECHURCH ROAD is 82 sq meters (889 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cedar Drive |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Cedar Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cedar Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Pritchett Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Westminster Place |