£218,056
This estimated value is based upon the latest sale price for the house of £40,000 on 2 Sep 1996. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £40,000 | 2 Sep 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 September 1996 the House Price Index for WEST MIDLANDS was 26.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 445.141%.Applying this 445.141% change to the original purchase price of £40,000 results in an estimated price of approximately £218,056.
| 2 Sep 1996 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.9 | 146.7 | 445.141 % | £40,000 | £178,056 | £218,056 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 332.127 % | £132,850 | £172,850 |
| 3 Month Average | 304.812 % | £121,924 | £161,924 |
| 6 Month Average | 356.109 % | £142,443 | £182,443 |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 13 Jan 2021.
The average size of a house on ALCESTER ROAD SOUTH is 101 sq meters (1,091 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Robbery | Under investigation | On or near Fernwood Croft |
| Mar 2024 | Public order | Under investigation | On or near Fernwood Croft |
| Mar 2024 | Vehicle crime | Under investigation | On or near Fernwood Croft |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fernwood Croft |
| Feb 2024 | Public order | Under investigation | On or near Fernwood Croft |