£1,142,248
This estimated value is based upon the latest sale price for the house of £1,060,000 on 15 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £1,060,000 | 15 Sep 2021 |
| Detached |
| Freehold |
| Floor Area: 331 sq meters or 3,562 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 September 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £1,060,000 results in an estimated price of approximately £1,142,248.
| 15 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £1,060,000 | £82,248 | £1,142,248 |
The Postcode Pricing Model uses changes in average sales price within the B38 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 | -24.525 % | £-259,966 | £800,033 |
| 3 Month Average | 22.814 % | £241,823 | £1,301,823 |
| 6 Month Average | 15.104 % | £160,097 | £1,220,097 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £185,000 | £185,000 | 1 REGENCY DRIVE |
| 25 Jul 2023 | £405,457 | £400,000 | 56 REDNAL ROAD |
| 27 Jun 2023 | £546,621 | £540,000 | 20 KINGSHILL DRIVE |
| 17 Jun 2022 | £47,674 | £47,000 | FLAT 4 THE SPINNEY, 101 REDDITCH ROAD |
| 31 Mar 2022 | £388,598 | £375,000 | 23 WESTHILL ROAD |
This house has a floor area of 331 sq meters or 3,562 sq feet when measured on 26 Nov 2013. Using an estimated price of £1,142,248 means this house is valued at £3,450 per sq meter (£320 per sq foot).
The average size of a house on BEAKS HILL ROAD is 215 sq meters (2,319 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kingshill Drive |
| Feb 2024 | Vehicle crime | Under investigation | On or near Kingshill Drive |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kings Green Avenue |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Norton Gate |
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Meadow Hill Road |