£1,009,623
This estimated value is based upon the latest sale price for the house of £725,000 on 13 Nov 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £725,000 | 13 Nov 2015 |
| £625,000 | 30 May 2008 |
| Detached |
| 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 November 2015 the House Price Index for WEST MIDLANDS was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £725,000 results in an estimated price of approximately £1,009,623.
| 13 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £725,000 | £284,623 | £1,009,623 |
The Postcode Pricing Model uses changes in average sales price within the B93 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 | -21.819 % | £-158,188 | £566,811 |
| 3 Month Average | 27.679 % | £200,672 | £925,672 |
| 6 Month Average | 20.953 % | £151,907 | £876,907 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £588,716 | £580,000 | 20 ALVESTON GROVE |
| 6 Jul 2023 | £1,267,053 | £1,250,000 | 2 HOLLAND AVENUE |
| 30 Jun 2023 | £607,357 | £600,000 | 39 ALVESTON GROVE |
| 31 Mar 2023 | £757,133 | £750,000 | 8 HOLLAND AVENUE |
| 5 Sep 2022 | £699,352 | £705,000 | 17 ARDEN VALE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Alveston Grove |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alveston Grove |
| Dec 2023 | Burglary | Awaiting court outcome | On or near Wychwood Avenue |
| Mar 2024 | Burglary | Under investigation | On or near Whateley Hall Close |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Broadfern Road |