£320,174
This estimated value is based upon the latest sale price for the house of £262,500 on 27 Jan 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£262,500 | 27 Jan 2020 |
Terraced |
Leasehold |
Floor Area: 98 sq meters or 1,054 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 2020 the House Price Index for WEST MIDLANDS was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £262,500 results in an estimated price of approximately £320,174.
27 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 148.6 | 21.971 % | £262,500 | £57,674 | £320,174 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | -14.663 % | £-38,491 | £224,008 |
3 Month Average | -11.686 % | £-30,676 | £231,823 |
6 Month Average | 7.931 % | £20,819 | £283,319 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £294,000 | £294,000 | 7 GOLDSMITH ROAD |
22 Sep 2023 | £50,648 | £50,000 | 80A INSTITUTE ROAD |
17 Feb 2023 | £261,824 | £262,000 | 69 MELTON ROAD |
14 Jul 2022 | £406,093 | £405,000 | 38 GOLDSMITH ROAD |
7 Jul 2022 | £325,877 | £325,000 | 89 DRAYTON ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 3 Jun 2019. Using an estimated price of £320,175 means this house is valued at £3,267 per sq meter (£303 per sq foot).
The average size of a house on GOLDSMITH ROAD is 115 sq meters (1,238 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Institute Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Institute Road |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Institute Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Institute Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Institute Road |