£634,091
This estimated value is based upon the latest sale price for the house of £607,100 on 22 Feb 2022. 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 Wrekin Road
More crime details
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Price Paid | Date |
---|---|
£607,100 | 22 Feb 2022 |
£265,000 | 3 Feb 2005 |
Detached |
Freehold |
Floor Area: 119 sq meters or 1,280 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 February 2022 the House Price Index for WEST MIDLANDS was 141.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.446%.Applying this 4.446% change to the original purchase price of £607,100 results in an estimated price of approximately £634,091.
22 Feb 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 148.0 | 4.446 % | £607,100 | £26,991 | £634,091 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 25.981 % | £157,732 | £764,832 |
3 Month Average | 11.872 % | £72,072 | £679,172 |
6 Month Average | 6.609 % | £40,121 | £647,221 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Jan 2023 | £590,315 | £595,500 | 227 STATION ROAD |
25 Feb 2022 | £527,452 | £505,000 | 1 BEACON ROAD |
22 Feb 2022 | £634,092 | £607,100 | 39 BEACON ROAD |
28 Jun 2021 | £619,783 | £580,000 | 24 BEACON ROAD |
28 Jun 2021 | £721,300 | £675,000 | 186 STATION ROAD |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 14 Apr 2015. Using an estimated price of £634,092 means this house is valued at £5,328 per sq meter (£495 per sq foot).
The average size of a house on BEACON ROAD is 131 sq meters (1,411 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Wrekin Road |
Apr 2024 | Burglary | Under investigation | On or near Buxton Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Amos Mews |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Amos Mews |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Station Road |