£188,271
This estimated value is based upon the latest sale price for the house of £120,000 on 10 Aug 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,000 | 10 Aug 2007 |
| £95,000 | 7 Mar 2003 |
| £65,000 | 21 Dec 2001 |
| £50,500 | 31 Aug 2001 |
| Terraced |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 2007 the House Price Index for WEST MIDLANDS was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £120,000 results in an estimated price of approximately £188,271.
| 10 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.6 | 56.893 % | £120,000 | £68,271 | £188,271 |
The Postcode Pricing Model uses changes in average sales price within the B66 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 | -52.709 % | £-63,251 | £56,748 |
| 3 Month Average | 9.309 % | £11,170 | £131,170 |
| 6 Month Average | 40.800 % | £48,960 | £168,960 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2023 | £166,796 | £165,000 | 269 BEARWOOD ROAD |
| 29 Apr 2022 | £242,003 | £235,000 | 184 WATERLOO ROAD |
| 18 Feb 2022 | £159,402 | £152,000 | 2 PEARMAN ROAD |
| 15 Feb 2022 | £173,035 | £165,000 | 246 BEARWOOD ROAD |
| 24 Sep 2021 | £118,535 | £110,000 | 3 CAPETHORN ROAD |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 23 May 2016. Using an estimated price of £188,272 means this house is valued at £1,518 per sq meter (£141 per sq foot).
The average size of a house on BEARWOOD ROAD is 112 sq meters (1,209 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A4030 |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A4030 |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near A4030 |
| Mar 2024 | Possession of weapons | Unable to prosecute suspect | On or near Capethorn Road |
| Mar 2024 | Anti-social behaviour | On or near Capethorn Road |