£1,189,852
This estimated value is based upon the latest sale price for the house of £295,000 on 30 Nov 1999. 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 Road
More crime details
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| Price Paid | Date |
|---|---|
| £295,000 | 30 Nov 1999 |
| Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,394 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 1999 the House Price Index for WEST MIDLANDS was 36.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 303.340%.Applying this 303.340% change to the original purchase price of £295,000 results in an estimated price of approximately £1,189,852.
| 30 Nov 1999 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 36.4 | 146.7 | 303.340 % | £295,000 | £894,852 | £1,189,852 |
The Postcode Pricing Model uses changes in average sales price within the WS5 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 | 202.761 % | £598,146 | £893,146 |
| 3 Month Average | 266.180 % | £785,230 | £1,080,230 |
| 6 Month Average | 241.608 % | £712,742 | £1,007,742 |
This house has a floor area of 129 sq meters or 1,394 sq feet when measured on 3 Nov 2011.
The average size of a house on SKIP LANE is 170 sq meters (1,838 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Beacon Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Woodfield Close |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Glenelg Mews |
| Dec 2023 | Anti-social behaviour | On or near Glenelg Mews | |
| Dec 2023 | Anti-social behaviour | On or near Glenelg Mews |