£150,005
This estimated value is based upon the latest sale price for the house of £79,000 on 15 Oct 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £79,000 | 15 Oct 2004 |
| £79,000 | 15 Oct 2004 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 October 2004 the House Price Index for WEST MIDLANDS was 78.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 89.881%.Applying this 89.881% change to the original purchase price of £79,000 results in an estimated price of approximately £150,005.
| 15 Oct 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.3 | 148.6 | 89.881 % | £79,000 | £71,005 | £150,005 |
The Postcode Pricing Model uses changes in average sales price within the B67 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 | 67.027 % | £52,951 | £131,951 |
| 3 Month Average | 43.368 % | £34,260 | £113,260 |
| 6 Month Average | 62.781 % | £49,596 | £128,596 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £178,562 | £177,000 | 62 REGINALD ROAD |
| 21 Jul 2023 | £207,797 | £205,000 | 52 REGINALD ROAD |
| 9 Feb 2023 | £169,886 | £170,000 | 56 BEAKES ROAD |
| 27 Jan 2023 | £189,109 | £190,000 | 1 BEAKES ROAD |
| 8 Jul 2022 | £165,445 | £165,000 | 48 BEAKES ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 25 Aug 2014. Using an estimated price of £150,006 means this house is valued at £1,948 per sq meter (£180 per sq foot).
The average size of a house on BEAKES ROAD is 89 sq meters (963 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beakes Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beakes Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Beakes Road |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Beakes Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Beakes Road |