£187,092
This estimated value is based upon the latest sale price for the house of £144,950 on 2 Jun 2017. 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 Beacon Rise
More crime details
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| Price Paid | Date |
|---|---|
| £144,950 | 2 Jun 2017 |
| £124,950 | 27 Apr 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 June 2017 the House Price Index for WEST MIDLANDS was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £144,950 results in an estimated price of approximately £187,092.
| 2 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 149.7 | 29.074 % | £144,950 | £42,142 | £187,092 |
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 | 57.150 % | £82,839 | £227,789 |
| 3 Month Average | 46.116 % | £66,845 | £211,795 |
| 6 Month Average | 33.001 % | £47,834 | £192,784 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £221,402 | £218,000 | 32 BEACON LANE |
| 1 Mar 2024 | £213,277 | £210,000 | 25 GREENWAY |
| 6 Nov 2023 | £153,907 | £150,000 | 47 CROSS LANE |
| 19 Sep 2023 | £171,787 | £168,000 | 12 CROSS PLACE |
| 3 Feb 2023 | £186,244 | £185,000 | 35 SPRINGFIELD GROVE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 17 Feb 2017. Using an estimated price of £187,093 means this house is valued at £2,201 per sq meter (£204 per sq foot).
The average size of a house on BEACON RISE is 103 sq meters (1,116 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Beacon Rise |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Beech Close |
| Jul 2024 | Public order | Under investigation | On or near Beech Close |
| Jul 2024 | Public order | Under investigation | On or near Beech Close |
| Jul 2024 | Other crime | Under investigation | On or near Beech Close |