£114,812
This estimated value is based upon the latest sale price for the house of £85,000 on 22 Mar 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £85,000 | 22 Mar 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 2016 the House Price Index for WEST MIDLANDS was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £85,000 results in an estimated price of approximately £114,812.
| 22 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £85,000 | £29,812 | £114,812 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | 44.081 % | £37,468 | £122,468 |
| 3 Month Average | 31.761 % | £26,996 | £111,996 |
| 6 Month Average | 43.806 % | £37,234 | £122,234 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £106,870 | £105,000 | 8 SHERIDAN CLOSE |
| 30 Jun 2023 | £101,226 | £100,000 | 7 SLANEY COURT |
| 18 Nov 2022 | £113,624 | £115,000 | 4 SHERIDAN CLOSE |
| 15 Jul 2022 | £97,262 | £97,000 | 14 NAVIGATION POINT, 64 BESCOT ROAD |
| 25 Mar 2022 | £113,989 | £110,000 | 17 SHERIDAN CLOSE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 12 Mar 2015. Using an estimated price of £114,813 means this house is valued at £2,391 per sq meter (£222 per sq foot).
The average size of a house on BESCOT ROAD is 114 sq meters (1,232 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Bescot Road |
| Dec 2023 | Anti-social behaviour | On or near Bescot Road | |
| Dec 2023 | Anti-social behaviour | On or near Bescot Road | |
| Dec 2023 | Anti-social behaviour | On or near Bescot Road | |
| Dec 2023 | Anti-social behaviour | On or near Bescot Road |