£265,779
This estimated value is based upon the latest sale price for the house of £160,000 on 19 Jul 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £160,000 | 19 Jul 2013 |
| Detached |
| Freehold |
| Floor Area: 209 sq meters or 2,249 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 July 2013 the House Price Index for WEST MIDLANDS was 89.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.112%.Applying this 66.112% change to the original purchase price of £160,000 results in an estimated price of approximately £265,779.
| 19 Jul 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 148.6 | 66.112 % | £160,000 | £105,779 | £265,779 |
The Postcode Pricing Model uses changes in average sales price within the DY4 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 | 21.220 % | £33,951 | £193,951 |
| 3 Month Average | 17.547 % | £28,074 | £188,074 |
| 6 Month Average | 32.892 % | £52,626 | £212,626 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2022 | £227,550 | £230,000 | 22 KIRKHAM WAY |
| 28 Jun 2022 | £218,082 | £215,000 | 19 THURSFIELD ROAD |
| 1 Nov 2021 | £168,716 | £156,000 | 112 ALEXANDRA ROAD |
| 30 Jul 2021 | £301,682 | £262,500 | 56 ROSEMARY ROAD |
| 24 Jun 2021 | £154,501 | £144,000 | 50 ROSEMARY ROAD |
This house has a floor area of 209 sq meters or 2,249 sq feet when measured on 5 Jun 2013. Using an estimated price of £265,780 means this house is valued at £1,271 per sq meter (£118 per sq foot).
The average size of a house on ALEXANDRA ROAD is 89 sq meters (958 sq feet).
This house is the largest in the street with a floor area of 209 sq meters (2,249 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near B4517 |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pepperbox Drive |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Pepperbox Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pepperbox Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Pepperbox Drive |