£157,613
This estimated value is based upon the latest sale price for the house of £129,000 on 6 Dec 2019. 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 Beechfield Road
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| Price Paid | Date |
|---|---|
| £129,000 | 6 Dec 2019 |
| £97,000 | 10 Aug 2007 |
| £45,000 | 8 Mar 2002 |
| £22,000 | 18 Mar 1998 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 December 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.181%.Applying this 22.181% change to the original purchase price of £129,000 results in an estimated price of approximately £157,613.
| 6 Dec 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.181 % | £129,000 | £28,613 | £157,613 |
The Postcode Pricing Model uses changes in average sales price within the B67 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 | 62.337 % | £80,414 | £209,414 |
| 3 Month Average | 22.912 % | £29,556 | £158,556 |
| 6 Month Average | 12.678 % | £16,354 | £145,354 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £176,336 | £173,000 | 34 OAKWOOD ROAD |
| 14 Jul 2023 | £164,557 | £163,000 | 3 BEECHFIELD ROAD |
| 23 Feb 2022 | £130,558 | £125,000 | 35 BEECHFIELD ROAD |
| 28 Jul 2021 | £156,814 | £137,000 | 44 OAKWOOD ROAD |
| 16 Sep 2020 | £162,606 | £137,500 | 36 OAKWOOD ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 10 Oct 2019. Using an estimated price of £157,614 means this house is valued at £2,388 per sq meter (£221 per sq foot).
The average size of a house on BEECHFIELD ROAD is 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beechfield Road |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Beechfield Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Beechfield Road |
| Mar 2024 | Possession of weapons | Unable to prosecute suspect | On or near Beechfield Road |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Beechfield Road |