£140,596
This estimated value is based upon the latest sale price for the house of £130,000 on 26 Nov 2021. 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 Bearmore Road
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| Price Paid | Date |
|---|---|
| £130,000 | 26 Nov 2021 |
| £91,000 | 29 Nov 2013 |
| £92,500 | 6 Aug 2004 |
| £47,500 | 16 Nov 2001 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 940 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 November 2021 the House Price Index for WEST MIDLANDS was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £130,000 results in an estimated price of approximately £140,596.
| 26 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £130,000 | £10,596 | £140,596 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 81.260 % | £105,638 | £235,638 |
| 3 Month Average | 34.407 % | £44,729 | £174,729 |
| 6 Month Average | 15.878 % | £20,641 | £150,641 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £166,464 | £164,000 | 23 MORGAN CLOSE |
| 20 Mar 2023 | £272,568 | £270,000 | 7 MORGAN CLOSE |
| 26 Aug 2022 | £176,026 | £176,500 | 64 PETFORD STREET |
| 27 May 2022 | £193,649 | £190,000 | 18 BEARMORE ROAD |
| 26 Nov 2021 | £140,597 | £130,000 | 10 BEARMORE ROAD |
This house has a floor area of 87 sq meters or 940 sq feet when measured on 18 Jan 2010. Using an estimated price of £140,597 means this house is valued at £1,609 per sq meter (£149 per sq foot).
The average size of a house on BEARMORE ROAD is 90 sq meters (977 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bearmore Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bearmore Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bearmore Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bearmore Road |
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Bearmore Road |