£182,406
This estimated value is based upon the latest sale price for the house of £105,500 on 28 Jul 2006. 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 Close
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| Price Paid | Date |
|---|---|
| £105,500 | 28 Jul 2006 |
| £79,000 | 24 Mar 2004 |
| £75,660 | 19 Dec 2003 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 2006 the House Price Index for WEST MIDLANDS was 85.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.897%.Applying this 72.897% change to the original purchase price of £105,500 results in an estimated price of approximately £182,406.
| 28 Jul 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.9 | 148.6 | 72.897 % | £105,500 | £76,906 | £182,406 |
The Postcode Pricing Model uses changes in average sales price within the B66 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 | 88.846 % | £93,732 | £199,232 |
| 3 Month Average | 50.341 % | £53,109 | £158,609 |
| 6 Month Average | 41.132 % | £43,393 | £148,893 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £149,306 | £148,000 | 50A KIMBERLEY ROAD |
| 27 Jan 2023 | £79,625 | £80,000 | 21 KIMBERLEY ROAD |
| 31 Oct 2022 | £168,189 | £170,000 | 35 BEACON CLOSE |
| 20 Jul 2022 | £145,391 | £145,000 | 14 KIMBERLEY ROAD |
| 23 Feb 2022 | £93,066 | £88,745 | 27 KIMBERLEY ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 27 Jul 2021. Using an estimated price of £182,406 means this house is valued at £3,377 per sq meter (£313 per sq foot).
The average size of a house on BEACON CLOSE is 69 sq meters (747 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Beacon Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Beacon Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beacon Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beacon Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Beacon Close |