£258,278
This estimated value is based upon the latest sale price for the house of £50,000 on 30 May 1997. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £50,000 | 30 May 1997 |
| Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,553 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 May 1997 the House Price Index for WEST MIDLANDS was 28.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 416.558%.Applying this 416.558% change to the original purchase price of £50,000 results in an estimated price of approximately £258,278.
| 30 May 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.8 | 148.6 | 416.558 % | £50,000 | £208,278 | £258,278 |
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 | 85.285 % | £42,642 | £92,642 |
| 3 Month Average | 343.800 % | £171,899 | £221,899 |
| 6 Month Average | 437.090 % | £218,544 | £268,544 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £137,029 | £135,000 | 23 CHESHIRE ROAD |
| 24 Mar 2023 | £100,951 | £100,000 | 364 HIGH STREET |
| 17 Mar 2023 | £124,170 | £123,000 | 344 HIGH STREET |
| 30 Jun 2022 | £116,648 | £115,000 | 15 HARDEN KEEP |
| 11 Feb 2022 | £155,207 | £148,000 | 330 HIGH STREET |
This house has a floor area of 144 sq meters or 1,553 sq feet when measured on 9 Sep 2011. Using an estimated price of £258,279 means this house is valued at £1,789 per sq meter (£166 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 | Vehicle crime | Investigation complete; no suspect identified | On or near Norma Rose Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norma Rose Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newlands Green |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Newlands Green |
| Apr 2024 | Anti-social behaviour | On or near Newlands Green |