£38,370
This estimated value is based upon the latest sale price for the house of £32,000 on 7 Aug 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £32,000 | 7 Aug 2020 |
| £37,000 | 23 Apr 2013 |
| £36,500 | 22 Nov 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 93 sq meters or 1,001 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 2020 the House Price Index for WEST MIDLANDS was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £32,000 results in an estimated price of approximately £38,370.
| 7 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £32,000 | £6,370 | £38,370 |
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 | -84.343 % | £-26,989 | £5,010 |
| 3 Month Average | -19.964 % | £-6,388 | £25,611 |
| 6 Month Average | -5.319 % | £-1,702 | £30,297 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £178,562 | £177,000 | 62 REGINALD ROAD |
| 4 Apr 2022 | £99,118 | £96,250 | 1 SANDHURST COURT DUNSFORD ROAD |
| 4 Apr 2022 | £99,118 | £96,250 | 2 SANDHURST COURT DUNSFORD ROAD |
| 29 Oct 2021 | £174,824 | £158,000 | 345 BEARWOOD ROAD |
| 13 Oct 2021 | £121,713 | £110,000 | 347 BEARWOOD ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 8 Mar 2014. Using an estimated price of £38,370 means this house is valued at £412 per sq meter (£38 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 Richmond Road |
| Apr 2024 | Anti-social behaviour | On or near Richmond Road | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Richmond Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Richmond Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Richmond Road |