£314,227
This estimated value is based upon the latest sale price for the house of £255,000 on 23 Nov 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £255,000 | 23 Nov 2018 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 November 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £255,000 results in an estimated price of approximately £314,227.
| 23 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £255,000 | £59,227 | £314,227 |
The Postcode Pricing Model uses changes in average sales price within the WV2 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 | 2.596 % | £6,618 | £261,618 |
| 3 Month Average | 19.270 % | £49,137 | £304,137 |
| 6 Month Average | 11.201 % | £28,563 | £283,563 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £361,322 | £355,000 | 107 GOLDTHORN ROAD |
| 28 Nov 2023 | £329,884 | £325,000 | 1 ARGYLE ROAD |
| 31 Mar 2023 | £201,902 | £200,000 | 59 GOLDTHORN ROAD |
| 16 Nov 2022 | £27,665 | £28,000 | 2 NEEDWOOD CLOSE |
| 20 Dec 2021 | £332,127 | £310,000 | 99 GOLDTHORN ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 22 Jun 2018. Using an estimated price of £314,228 means this house is valued at £2,992 per sq meter (£278 per sq foot).
The average size of a house on GOLDTHORN ROAD is 121 sq meters (1,310 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Goldthorn Road | |
| Jan 2024 | Anti-social behaviour | On or near Goldthorn Road | |
| Jan 2024 | Anti-social behaviour | On or near Goldthorn Road | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chetwynd Road |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Needwood Close |