£112,566
This estimated value is based upon the latest sale price for the house of £82,500 on 22 Apr 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £82,500 | 22 Apr 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 April 2016 the House Price Index for WEST MIDLANDS was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £82,500 results in an estimated price of approximately £112,566.
| 22 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 149.7 | 36.444 % | £82,500 | £30,066 | £112,566 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | -11.387 % | £-9,394 | £73,105 |
| 3 Month Average | 42.453 % | £35,024 | £117,524 |
| 6 Month Average | 67.732 % | £55,878 | £138,378 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £121,051 | £120,000 | 17 SHERIDAN CLOSE |
| 22 Mar 2024 | £132,028 | £130,000 | 15 SHERIDAN CLOSE |
| 7 Dec 2023 | £108,329 | £105,000 | 8 SHERIDAN CLOSE |
| 30 Jun 2023 | £102,045 | £100,000 | 7 SLANEY COURT |
| 18 Nov 2022 | £114,465 | £115,000 | 4 SHERIDAN CLOSE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 12 Mar 2015. Using an estimated price of £112,566 means this house is valued at £1,815 per sq meter (£168 per sq foot).
The average size of a house on BESCOT ROAD is 114 sq meters (1,232 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bescot Road |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Bescot Road |
| May 2024 | Anti-social behaviour | On or near Bescot Road | |
| May 2024 | Anti-social behaviour | On or near Bescot Road | |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bescot Road |