£112,614
This estimated value is based upon the latest sale price for the house of £93,500 on 13 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 |
---|---|
£93,500 | 13 Mar 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 61 sq meters or 656 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 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £93,500 results in an estimated price of approximately £112,614.
13 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 148.6 | 20.444 % | £93,500 | £19,114 | £112,614 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | -10.842 % | £-10,137 | £83,362 |
3 Month Average | 55.133 % | £51,548 | £145,048 |
6 Month Average | 55.196 % | £51,607 | £145,107 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Nov 2023 | £182,705 | £180,000 | 6 WYNDMILL CRESCENT |
30 Jun 2022 | £84,190 | £83,000 | 155 WYNDMILL CRESCENT |
5 Apr 2022 | £45,311 | £44,000 | FLAT 64 BRIARLEY BEACONVIEW ROAD |
2 Nov 2020 | £43,476 | £37,500 | FLAT 53 BRIARLEY BEACONVIEW ROAD |
26 Oct 2020 | £222,886 | £190,000 | 4 WYNDMILL CRESCENT |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 12 Nov 2013. Using an estimated price of £112,615 means this house is valued at £1,846 per sq meter (£171 per sq foot).
The average size of a house on BEACONVIEW ROAD is 69 sq meters (743 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Possession of weapons | Under investigation | On or near Wyndmill Crescent |
Mar 2024 | Drugs | Under investigation | On or near Wyndmill Crescent |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wyndmill Crescent |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Wyndmill Crescent |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wyndmill Crescent |