£279,609
This estimated value is based upon the latest sale price for the house of £225,000 on 14 Dec 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £225,000 | 14 Dec 2018 |
| 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 December 2018 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £225,000 results in an estimated price of approximately £279,609.
| 14 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £225,000 | £54,609 | £279,609 |
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 | 12.200 % | £27,449 | £252,449 |
| 3 Month Average | 3.967 % | £8,926 | £233,926 |
| 6 Month Average | 11.444 % | £25,749 | £250,749 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £170,000 | £170,000 | 31 ANDERSON ROAD |
| 27 Mar 2023 | £162,717 | £160,000 | 578 BEARWOOD ROAD |
| 14 Mar 2023 | £335,605 | £330,000 | FLAT 576 BEARWOOD ROAD |
| 12 Aug 2022 | £110,517 | £110,000 | 624 BEARWOOD ROAD |
| 9 Aug 2022 | £472,208 | £470,000 | 598 - 600 BEARWOOD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Adkins Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Adkins Lane |
| Jul 2024 | Public order | Under investigation | On or near Adkins Lane |
| Jul 2024 | Robbery | Under investigation | On or near Adkins Lane |
| Jul 2024 | Anti-social behaviour | On or near Adkins Lane |