£551,011
This estimated value is based upon the latest sale price for the house of £455,000 on 22 Jun 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £455,000 | 22 Jun 2020 |
| Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 June 2020 the House Price Index for WEST MIDLANDS was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £455,000 results in an estimated price of approximately £551,011.
| 22 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £455,000 | £96,011 | £551,011 |
The Postcode Pricing Model uses changes in average sales price within the B72 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 | 13.220 % | £60,151 | £515,151 |
| 3 Month Average | 28.951 % | £131,725 | £586,725 |
| 6 Month Average | 5.462 % | £24,852 | £479,852 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £492,288 | £485,000 | 19 MARCHMOUNT ROAD |
| 16 Aug 2023 | £832,281 | £825,000 | 2 GREENHILL ROAD |
| 5 Jul 2023 | £228,070 | £225,000 | FLAT 2 OAKHURST COURT BROOKS ROAD |
| 23 Jun 2023 | £263,188 | £260,000 | FLAT 5 BLAKELEY COURT BEARDMORE ROAD |
| 23 Jun 2023 | £536,499 | £530,000 | 12 HILLCREST ROAD |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 11 Jan 2013. Using an estimated price of £551,012 means this house is valued at £4,516 per sq meter (£419 per sq foot).
The average size of a house on BEARDMORE ROAD is 110 sq meters (1,193 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beardmore Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beardmore Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakhurst Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakhurst Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Britton Drive |