£546,008
This estimated value is based upon the latest sale price for the house of £450,000 on 12 Mar 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£450,000 | 12 Mar 2020 |
Semi-Detached |
Freehold |
Floor Area: 166 sq meters or 1,786 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 March 2020 the House Price Index for WEST MIDLANDS was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £450,000 results in an estimated price of approximately £546,008.
12 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 149.7 | 21.335 % | £450,000 | £96,008 | £546,008 |
The Postcode Pricing Model uses changes in average sales price within the DY8 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 | 35.563 % | £160,031 | £610,031 |
3 Month Average | 21.881 % | £98,463 | £548,463 |
6 Month Average | 27.084 % | £121,877 | £571,877 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Oct 2023 | £383,715 | £375,000 | 8 BEECH ROAD |
30 Jun 2023 | £392,873 | £385,000 | 27 BEECH ROAD |
15 Mar 2023 | £777,993 | £765,000 | 26 OSMASTON ROAD |
14 Mar 2023 | £223,736 | £220,000 | 51 BEECH ROAD |
3 Feb 2023 | £427,858 | £425,000 | 5 BEECH ROAD |
This house has a floor area of 166 sq meters or 1,786 sq feet when measured on 13 May 2019. Using an estimated price of £546,009 means this house is valued at £3,289 per sq meter (£305 per sq foot).
The average size of a house on BEECH ROAD is 126 sq meters (1,359 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Norton Road | |
Sep 2024 | Anti-social behaviour | On or near Norton Road | |
Sep 2024 | Burglary | Under investigation | On or near Dene Road |
Jul 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Dale Road |
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Harringay Drive |