£197,594
This estimated value is based upon the latest sale price for the house of £57,200 on 5 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 Algernon Road
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| Price Paid | Date |
|---|---|
| £57,200 | 5 Mar 2001 |
| Terraced |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 £57,200 results in an estimated price of approximately £197,594.
| 5 Mar 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.5 | 146.7 | 245.446 % | £57,200 | £140,394 | £197,594 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | -10.269 % | £-5,874 | £51,325 |
| 3 Month Average | 194.356 % | £111,171 | £168,371 |
| 6 Month Average | 243.888 % | £139,503 | £196,703 |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 1 May 2018.
The average size of a house on ALGERNON ROAD is 142 sq meters (1,535 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Algernon Road | |
| Mar 2024 | Burglary | Under investigation | On or near Algernon Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Algernon Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Algernon Road |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Algernon Road |