£193,180
This estimated value is based upon the latest sale price for the house of £130,000 on 30 Jan 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£130,000 | 30 Jan 2015 |
£120,000 | 30 Jul 2010 |
£93,000 | 30 May 2003 |
Semi-Detached |
Freehold |
Floor Area: 79 sq meters or 853 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 January 2015 the House Price Index for WEST MIDLANDS was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £130,000 results in an estimated price of approximately £193,180.
30 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.0 | 148.6 | 48.600 % | £130,000 | £63,180 | £193,180 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 49.568 % | £64,437 | £194,437 |
3 Month Average | 24.033 % | £31,242 | £161,242 |
6 Month Average | 36.294 % | £47,182 | £177,182 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £222,849 | £220,000 | 215A STOURBRIDGE ROAD |
8 Sep 2023 | £167,137 | £165,000 | 7 FARMERS COURT |
29 Aug 2023 | £193,695 | £192,000 | 1 FARMERS COURT |
14 Apr 2023 | £187,014 | £185,000 | 17 SHORT STREET |
15 Aug 2022 | £134,638 | £135,000 | FLAT 1 ADAM COURT, 33 - 51 ALEXANDRA ROAD |
This house has a floor area of 79 sq meters or 853 sq feet when measured on 17 Oct 2008. Using an estimated price of £193,180 means this house is valued at £2,437 per sq meter (£226 per sq foot).
The average size of a house on ALEXANDRA ROAD is 86 sq meters (932 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Stourbridge Road |
Jan 2024 | Other theft | Unable to prosecute suspect | On or near Stourbridge Road |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Stourbridge Road |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stourbridge Road |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Stourbridge Road |