£243,291
This estimated value is based upon the latest sale price for the house of £198,000 on 16 Jan 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £198,000 | 16 Jan 2020 |
| £147,000 | 22 Feb 2008 |
| £42,000 | 20 Aug 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 January 2020 the House Price Index for WEST MIDLANDS was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £198,000 results in an estimated price of approximately £243,291.
| 16 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £198,000 | £45,291 | £243,291 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 64.781 % | £128,266 | £326,266 |
| 3 Month Average | 20.128 % | £39,852 | £237,852 |
| 6 Month Average | 15.628 % | £30,944 | £228,944 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 May 2024 | £200,000 | £200,000 | 3 WOODHILL RISE |
| 22 Aug 2023 | £193,490 | £190,000 | 28 WHITMORE PARK ROAD |
| 10 Aug 2023 | £244,408 | £240,000 | 70 WHITMORE PARK ROAD |
| 18 Nov 2022 | £190,111 | £191,000 | 11 WHITMORE PARK ROAD |
| 10 Oct 2022 | £161,461 | £162,000 | 6 WHITMORE PARK ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 11 Sep 2019. Using an estimated price of £243,291 means this house is valued at £2,733 per sq meter (£253 per sq foot).
The average size of a house on BEACON ROAD is 90 sq meters (971 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Wood Hill Rise |
| Jul 2024 | Anti-social behaviour | On or near Wood Hill Rise | |
| Jul 2024 | Possession of weapons | Unable to prosecute suspect | On or near Wood Hill Rise |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wood Hill Rise |
| Jun 2024 | Other theft | Under investigation | On or near Wood Hill Rise |