£190,878
This estimated value is based upon the latest sale price for the house of £99,950 on 16 Sep 2004. 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 Parking Area
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| Price Paid | Date |
|---|---|
| £99,950 | 16 Sep 2004 |
| £85,000 | 16 Sep 2002 |
| £30,500 | 18 Oct 1996 |
| £20,000 | 15 May 1995 |
| Terraced |
| Freehold |
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 2004 the House Price Index for WEST MIDLANDS was 77.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 90.974%.Applying this 90.974% change to the original purchase price of £99,950 results in an estimated price of approximately £190,878.
| 16 Sep 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 148.6 | 90.974 % | £99,950 | £90,928 | £190,878 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 152.114 % | £152,037 | £251,987 |
| 3 Month Average | 63.353 % | £63,321 | £163,271 |
| 6 Month Average | 65.016 % | £64,983 | £164,933 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £101,503 | £100,000 | 182 ALDERSLEY ROAD |
| 28 Nov 2023 | £106,578 | £105,000 | 123 ALDERSLEY ROAD |
| 20 Nov 2023 | £284,208 | £280,000 | 4 LOWLANDS AVENUE |
| 4 Aug 2023 | £302,597 | £299,950 | 145 ALDERSLEY ROAD |
| 28 Jun 2023 | £116,916 | £115,500 | 178 ALDERSLEY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Dec 2023 | Burglary | Under investigation | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near Aldersley Road | |
| Feb 2024 | Robbery | Unable to prosecute suspect | On or near Aldersley Road |