£226,626
This estimated value is based upon the latest sale price for the house of £74,500 on 22 Mar 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £74,500 | 22 Mar 2002 |
| £47,500 | 27 Oct 1995 |
| Semi-Detached |
| Freehold |
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 2002 the House Price Index for WEST MIDLANDS was 49.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 204.197%.Applying this 204.197% change to the original purchase price of £74,500 results in an estimated price of approximately £226,626.
| 22 Mar 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.2 | 149.7 | 204.197 % | £74,500 | £152,126 | £226,626 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 154.547 % | £115,137 | £189,637 |
| 3 Month Average | 209.232 % | £155,877 | £230,377 |
| 6 Month Average | 174.616 % | £130,088 | £204,588 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £270,419 | £265,000 | 19 BELMONT ROAD |
| 2 Sep 2022 | £209,860 | £210,000 | 12 BELMONT ROAD |
| 11 Aug 2022 | £188,381 | £187,500 | 40 BELMONT ROAD |
| 2 Aug 2022 | £341,597 | £340,000 | 56 ALEXANDRA ROAD |
| 10 Jun 2022 | £235,535 | £230,500 | 85 BELMONT ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Belmont Road |
| Jul 2024 | Anti-social behaviour | On or near Belmont Road | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Belmont Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Belmont Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Belmont Road |