£175,139
This estimated value is based upon the latest sale price for the house of £37,500 on 31 Jul 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £37,500 | 31 Jul 1998 |
| £20,000 | 15 Sep 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 July 1998 the House Price Index for WEST MIDLANDS was 31.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 367.038%.Applying this 367.038% change to the original purchase price of £37,500 results in an estimated price of approximately £175,139.
| 31 Jul 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 148.6 | 367.038 % | £37,500 | £137,639 | £175,139 |
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 | 324.927 % | £121,847 | £159,347 |
| 3 Month Average | 372.351 % | £139,631 | £177,131 |
| 6 Month Average | 390.467 % | £146,425 | £183,925 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £142,104 | £140,000 | 69 BEACON ROAD |
| 29 Aug 2023 | £193,695 | £192,000 | 46 ST LUKES ROAD |
| 15 Aug 2023 | £141,236 | £140,000 | 13 CRUMMOCK CLOSE |
| 14 Apr 2023 | £176,905 | £175,000 | 48 ST LUKES ROAD |
| 31 Mar 2023 | £153,446 | £152,000 | 88 BRANSTREE DRIVE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 7 Mar 2017. Using an estimated price of £175,139 means this house is valued at £2,614 per sq meter (£242 per sq foot).
The average size of a house on BEACON ROAD is 90 sq meters (971 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Cherry Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Cherry Close |
| Jan 2024 | Public order | Under investigation | On or near Cherry Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Crummock Close |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Crummock Close |