£119,240
This estimated value is based upon the latest sale price for the house of £40,000 on 15 Mar 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £40,000 | 15 Mar 2002 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 756 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 March 2002 the House Price Index for WEST MIDLANDS was 49.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 198.101%.Applying this 198.101% change to the original purchase price of £40,000 results in an estimated price of approximately £119,240.
| 15 Mar 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.2 | 146.7 | 198.101 % | £40,000 | £79,240 | £119,240 |
The Postcode Pricing Model uses changes in average sales price within the B21 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 | 233.707 % | £93,482 | £133,482 |
| 3 Month Average | 235.585 % | £94,234 | £134,234 |
| 6 Month Average | 350.767 % | £140,306 | £180,306 |
This house has a floor area of 70 sq meters or 756 sq feet when measured on 18 May 2009.
The average size of a house on BELMONT ROAD is 87 sq meters (945 sq feet).
This house is the smallest in the street with a floor area of 70 sq meters (756 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Belmont Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Belmont Road East |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Belmont Road East |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Belmont Road East |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Belmont Road East |