£516,051
This estimated value is based upon the latest sale price for the house of £387,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £387,000 | 31 Mar 2016 |
| Detached |
| Freehold |
| Floor Area: 141 sq meters or 1,517 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 2016 the House Price Index for WEST MIDLANDS was 110.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 33.347%.Applying this 33.347% change to the original purchase price of £387,000 results in an estimated price of approximately £516,051.
| 31 Mar 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 146.7 | 33.347 % | £387,000 | £129,051 | £516,051 |
The Postcode Pricing Model uses changes in average sales price within the WS9 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 | 1.203 % | £4,656 | £391,656 |
| 3 Month Average | 37.070 % | £143,459 | £530,459 |
| 6 Month Average | 41.778 % | £161,679 | £548,679 |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 20 Apr 2015.
The average size of a house on BEACON RISE is 200 sq meters (2,153 sq feet).
This house is the smallest in the street with a floor area of 141 sq meters (1,517 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Barr Common Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Barr Common Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beaufort Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beaufort Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Ridge Way |