£179,246
This estimated value is based upon the latest sale price for the house of £104,000 on 11 Nov 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Cross Place
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| Price Paid | Date |
|---|---|
| £104,000 | 11 Nov 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 880 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 November 2011 the House Price Index for WEST MIDLANDS was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.352%.Applying this 72.352% change to the original purchase price of £104,000 results in an estimated price of approximately £179,246.
| 11 Nov 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.352 % | £104,000 | £75,246 | £179,246 |
The Postcode Pricing Model uses changes in average sales price within the DY3 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 | 102.068 % | £106,150 | £210,150 |
| 3 Month Average | 77.991 % | £81,110 | £185,110 |
| 6 Month Average | 66.999 % | £69,679 | £173,679 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £152,254 | £150,000 | 47 CROSS LANE |
| 19 Sep 2023 | £170,176 | £168,000 | 12 CROSS PLACE |
| 20 Jul 2023 | £178,401 | £176,000 | 4 THE CROFT |
| 30 Jun 2023 | £202,452 | £200,000 | 36 BATH STREET |
| 3 Apr 2023 | £217,340 | £215,000 | 23 BATH STREET |
This house has a floor area of 81 sq meters or 880 sq feet when measured on 25 Aug 2011. Using an estimated price of £179,246 means this house is valued at £2,191 per sq meter (£203 per sq foot).
The average size of a house on BEACON LANE is 100 sq meters (1,083 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Theft from the person | Unable to prosecute suspect | On or near Cross Place |
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Cross Place |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near The Croft |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bath Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Bath Street |