£172,550
This estimated value is based upon the latest sale price for the house of £49,950 on 23 Mar 2001. 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 Victoria Road
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| Price Paid | Date |
|---|---|
| £49,950 | 23 Mar 2001 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2001 the House Price Index for WEST MIDLANDS was 42.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 245.446%.Applying this 245.446% change to the original purchase price of £49,950 results in an estimated price of approximately £172,550.
| 23 Mar 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.5 | 146.7 | 245.446 % | £49,950 | £122,600 | £172,550 |
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 | 351.118 % | £175,383 | £225,333 |
| 3 Month Average | 243.807 % | £121,781 | £171,731 |
| 6 Month Average | 234.074 % | £116,919 | £166,869 |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 5 Mar 2015.
The average size of a house on ALDERSLEY ROAD is 82 sq meters (887 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Victoria Road |
| Feb 2024 | Vehicle crime | Under investigation | On or near Victoria Road |
| Feb 2024 | Vehicle crime | Under investigation | On or near Victoria Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Willowdale Grange |