£217,123
This estimated value is based upon the latest sale price for the house of £172,000 on 22 Sep 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £172,000 | 22 Sep 2017 |
| £60,000 | 30 Sep 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 167 sq meters or 1,797 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 September 2017 the House Price Index for WEST MIDLANDS was 117.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 26.235%.Applying this 26.235% change to the original purchase price of £172,000 results in an estimated price of approximately £217,123.
| 22 Sep 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.0 | 26.235 % | £172,000 | £45,123 | £217,123 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 25.880 % | £44,513 | £216,513 |
| 3 Month Average | 8.193 % | £14,091 | £186,091 |
| 6 Month Average | 21.819 % | £37,528 | £209,528 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jul 2023 | £282,674 | £280,000 | 332 HALESOWEN ROAD |
| 5 Aug 2022 | £325,799 | £328,000 | 31 BEAUTY BANK |
| 30 May 2022 | £395,885 | £390,000 | 47A BEAUTY BANK |
| 6 May 2022 | £268,999 | £265,000 | 387 HALESOWEN ROAD |
| 14 Jan 2022 | £262,040 | £250,000 | 13 BEAUTY BANK |
This house has a floor area of 167 sq meters or 1,797 sq feet when measured on 6 Jul 2017. Using an estimated price of £217,124 means this house is valued at £1,300 per sq meter (£120 per sq foot).
The average size of a house on BEAUTY BANK is 109 sq meters (1,178 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beauty Bank |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Meadow Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowley Hill View |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowley Hill View |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowley Hill View |