£219,500
This estimated value is based upon the latest sale price for the house of £144,950 on 15 Aug 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £144,950 | 15 Aug 2014 |
| £134,000 | 25 Feb 2011 |
| £80,000 | 30 Oct 2009 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 679 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 2014 the House Price Index for WEST MIDLANDS was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £144,950 results in an estimated price of approximately £219,500.
| 15 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £144,950 | £74,550 | £219,500 |
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 | 15.708 % | £22,768 | £167,718 |
| 3 Month Average | 30.925 % | £44,825 | £189,775 |
| 6 Month Average | 42.637 % | £61,802 | £206,752 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £76,336 | £75,000 | 12 GREAT WESTERN DRIVE |
| 5 Aug 2022 | £327,119 | £328,000 | 31 BEAUTY BANK |
| 30 May 2022 | £397,490 | £390,000 | 47A BEAUTY BANK |
| 6 May 2022 | £270,089 | £265,000 | 387 HALESOWEN ROAD |
| 14 Jan 2022 | £263,102 | £250,000 | 13 BEAUTY BANK |
This house has a floor area of 63 sq meters or 679 sq feet when measured on 7 Jul 2010. Using an estimated price of £219,500 means this house is valued at £3,474 per sq meter (£322 per sq foot).
The average size of a house on BEAUTY BANK is 109 sq meters (1,178 sq feet).
This house is the smallest in the street with a floor area of 63 sq meters (679 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beauty Bank |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Great Western Drive |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Meadow Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Old Hill |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Old Hill |