£225,620
This estimated value is based upon the latest sale price for the house of £182,000 on 16 Aug 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 Desford Avenue
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| Price Paid | Date |
|---|---|
| £182,000 | 16 Aug 2019 |
| £72,000 | 8 Nov 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 August 2019 the House Price Index for WEST MIDLANDS was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £182,000 results in an estimated price of approximately £225,620.
| 16 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £182,000 | £43,620 | £225,620 |
The Postcode Pricing Model uses changes in average sales price within the B42 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 | 0.627 % | £1,141 | £183,141 |
| 3 Month Average | 2.934 % | £5,340 | £187,340 |
| 6 Month Average | 10.415 % | £18,955 | £200,955 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jun 2024 | £189,999 | £189,999 | 193 BEECHES ROAD |
| 17 Jan 2023 | £196,525 | £196,000 | 7 THORNBRIDGE AVENUE |
| 12 Jan 2023 | £156,418 | £156,000 | 28 THORNBRIDGE AVENUE |
| 2 Nov 2022 | £189,116 | £190,000 | 39 THORNBRIDGE AVENUE |
| 17 Dec 2021 | £188,879 | £175,000 | 8 THORNBRIDGE AVENUE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 11 Apr 2019. Using an estimated price of £225,621 means this house is valued at £3,090 per sq meter (£287 per sq foot).
The average size of a house on BEECHES ROAD is 81 sq meters (877 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Desford Avenue |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Desford Avenue |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Beeches Road |
| Aug 2024 | Public order | Offender given a caution | On or near Beeches Road |
| Oct 2024 | Other theft | Under investigation | On or near Petrol Station |