£420,575
This estimated value is based upon the latest sale price for the house of £245,000 on 25 Aug 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £245,000 | 25 Aug 2006 |
| £220,000 | 3 Oct 2003 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 August 2006 the House Price Index for WEST MIDLANDS was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.664%.Applying this 71.664% change to the original purchase price of £245,000 results in an estimated price of approximately £420,575.
| 25 Aug 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.664 % | £245,000 | £175,575 | £420,575 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | -7.156 % | £-17,531 | £227,468 |
| 3 Month Average | 61.690 % | £151,139 | £396,139 |
| 6 Month Average | 62.544 % | £153,232 | £398,232 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £436,462 | £430,000 | 15 GRENDON DRIVE |
| 26 Jul 2023 | £152,046 | £150,000 | 37A AVERY ROAD |
| 30 Jun 2023 | £443,371 | £438,000 | 8 GRENDON DRIVE |
| 19 Jan 2023 | £666,859 | £670,000 | 109 DARNICK ROAD |
| 9 Jan 2023 | £622,070 | £625,000 | 111 DARNICK ROAD |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 30 Nov 2015. Using an estimated price of £420,576 means this house is valued at £3,625 per sq meter (£336 per sq foot).
The average size of a house on ALCESTER DRIVE is 126 sq meters (1,359 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Alcester Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Alcester Drive |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Alcester Drive |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Alcester Drive |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alcester Drive |