£171,775
This estimated value is based upon the latest sale price for the house of £131,000 on 20 Dec 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£131,000 | 20 Dec 2016 |
Semi-Detached |
Freehold |
Floor Area: 98 sq meters or 1,054 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 December 2016 the House Price Index for WEST MIDLANDS was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £131,000 results in an estimated price of approximately £171,775.
20 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 148.6 | 31.127 % | £131,000 | £40,775 | £171,775 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 35.301 % | £46,244 | £177,244 |
3 Month Average | 57.205 % | £74,938 | £205,938 |
6 Month Average | 31.727 % | £41,562 | £172,562 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £213,156 | £210,000 | 3 ALCESTER DRIVE |
13 Mar 2023 | £208,969 | £207,000 | 32 MILCOTE DRIVE |
15 Jul 2022 | £170,459 | £170,000 | 23 PARKVIEW ROAD |
12 May 2022 | £231,359 | £227,000 | 28 ALCESTER DRIVE |
4 May 2022 | £183,457 | £180,000 | 4 EMERALD CLOSE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 23 May 2016. Using an estimated price of £171,776 means this house is valued at £1,752 per sq meter (£162 per sq foot).
The average size of a house on MILCOTE DRIVE is 90 sq meters (975 sq feet).
This house is the largest in the street with a floor area of 98 sq meters (1,054 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alcester Drive |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alcester Drive |
Mar 2024 | Criminal damage and arson | Offender given a caution | On or near Alcester Drive |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Alcester Drive |
Mar 2024 | Public order | Under investigation | On or near Alcester Drive |