£95,705
This estimated value is based upon the latest sale price for the house of £61,500 on 20 Jul 2007. 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 Alder Drive
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| Price Paid | Date |
|---|---|
| £61,500 | 20 Jul 2007 |
| £21,950 | 22 Aug 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 July 2007 the House Price Index for WEST MIDLANDS was 94.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 55.619%.Applying this 55.619% change to the original purchase price of £61,500 results in an estimated price of approximately £95,705.
| 20 Jul 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 146.7 | 55.619 % | £61,500 | £34,205 | £95,705 |
The Postcode Pricing Model uses changes in average sales price within the B37 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 | 55.466 % | £34,111 | £95,611 |
| 3 Month Average | 49.905 % | £30,691 | £92,191 |
| 6 Month Average | 41.088 % | £25,268 | £86,768 |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 20 Jun 2020.
The average size of a house on ALDER DRIVE is 86 sq meters (926 sq feet).
This house is the smallest in the street with a floor area of 46 sq meters (495 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Alder Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alder Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Alder Drive |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lime Grove |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lime Grove |