£742,577
This estimated value is based upon the latest sale price for the house of £560,000 on 17 Aug 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £560,000 | 17 Aug 2016 |
| Freehold |
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 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 32.603%.Applying this 32.603% change to the original purchase price of £560,000 results in an estimated price of approximately £742,577.
| 17 Aug 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.0 | 32.603 % | £560,000 | £182,577 | £742,577 |
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 | -50.000 % | £-280,000 | £280,000 |
| 3 Month Average | 13.850 % | £77,561 | £637,561 |
| 6 Month Average | 49.745 % | £278,573 | £838,573 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £908,595 | £900,000 | 618 - 620 BEARWOOD ROAD |
| 7 Jul 2023 | £311,446 | £308,500 | 31 HERBERT ROAD |
| 27 Mar 2023 | £160,870 | £160,000 | 578 BEARWOOD ROAD |
| 14 Mar 2023 | £331,793 | £330,000 | FLAT 576 BEARWOOD ROAD |
| 25 Oct 2022 | £926,232 | £940,000 | BEARWOOD SHOPPING CENTRE, 575 BEARWOOD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Mary'S Road |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near St Mary'S Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Mary'S Road |
| Mar 2024 | Robbery | Under investigation | On or near St Mary'S Road |
| Feb 2024 | Anti-social behaviour | On or near St Mary'S Road |