£1,803,618
This estimated value is based upon the latest sale price for the house of £1,460,000 on 31 Jan 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £1,460,000 | 31 Jan 2019 |
| £393,625 | 31 May 2005 |
| Freehold |
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 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £1,460,000 results in an estimated price of approximately £1,803,618.
| 31 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £1,460,000 | £343,618 | £1,803,618 |
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 | -4.011 % | £-58,558 | £1,401,441 |
| 3 Month Average | -1.085 % | £-15,839 | £1,444,160 |
| 6 Month Average | 10.520 % | £153,594 | £1,613,594 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2023 | £288,888 | £285,000 | 2 YEW TREE COTTAGES ALCESTER ROAD SOUTH |
| 13 Jan 2023 | £196,574 | £197,500 | 71 MILLPOOL GARDENS |
| 17 Jun 2022 | £223,154 | £220,000 | 131 MARSHAM ROAD |
| 6 May 2022 | £264,993 | £260,000 | 715 ALCESTER ROAD SOUTH |
| 29 Apr 2022 | £226,556 | £220,000 | 7 WARSTOCK ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Petrol Station |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |