£1,760,381
This estimated value is based upon the latest sale price for the house of £1,425,000 on 24 Jan 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £1,425,000 | 24 Jan 2019 |
| Detached |
| Freehold |
| Floor Area: 360 sq meters or 3,875 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 January 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £1,425,000 results in an estimated price of approximately £1,760,381.
| 24 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £1,425,000 | £335,381 | £1,760,381 |
The Postcode Pricing Model uses changes in average sales price within the B74 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 | -5.373 % | £-76,566 | £1,348,433 |
| 3 Month Average | 3.074 % | £43,798 | £1,468,798 |
| 6 Month Average | 7.439 % | £106,003 | £1,531,003 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2023 | £824,993 | £815,000 | 10 BLACKROOT ROAD |
| 15 Nov 2022 | £518,717 | £525,000 | FLAT 1 22 BLACKROOT ROAD |
| 29 Apr 2022 | £1,215,163 | £1,180,000 | 23 BLACKROOT ROAD |
| 25 Feb 2022 | £1,221,729 | £1,165,000 | 6 BEACONSFIELD ROAD |
| 30 Sep 2021 | £942,893 | £875,000 | 28 BLACKROOT ROAD |
This house has a floor area of 360 sq meters or 3,875 sq feet when measured on 19 Jun 2018. Using an estimated price of £1,760,381 means this house is valued at £4,889 per sq meter (£454 per sq foot).
The average size of a house on BEACONSFIELD ROAD is 392 sq meters (4,219 sq feet).
This house is the largest in the street with a floor area of 360 sq meters (3,875 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Cedar Bridge Croft |
| Dec 2023 | Anti-social behaviour | On or near Barker Road | |
| Dec 2023 | Anti-social behaviour | On or near Barker Road | |
| Dec 2023 | Anti-social behaviour | On or near Barker Road | |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Barker Road |