£406,093
This estimated value is based upon the latest sale price for the house of £405,000 on 14 Jul 2022. 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 |
|---|---|
| £405,000 | 14 Jul 2022 |
| £150,000 | 14 Mar 2019 |
| Terraced |
| Freehold |
| Floor Area: 154 sq meters or 1,657 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 July 2022 the House Price Index for WEST MIDLANDS was 148.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.270%.Applying this 0.270% change to the original purchase price of £405,000 results in an estimated price of approximately £406,093.
| 14 Jul 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.6 | 0.270 % | £405,000 | £1,093 | £406,093 |
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 | -19.954 % | £-80,815 | £324,184 |
| 3 Month Average | -17.801 % | £-72,093 | £332,906 |
| 6 Month Average | -5.096 % | £-20,637 | £384,362 |
| 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 |
| 27 Mar 2023 | £426,518 | £422,500 | 144 ADDISON ROAD |
| 17 Feb 2023 | £261,824 | £262,000 | 69 MELTON ROAD |
| 14 Jul 2022 | £406,093 | £405,000 | 38 GOLDSMITH ROAD |
This house has a floor area of 154 sq meters or 1,657 sq feet when measured on 27 Aug 2020. Using an estimated price of £406,093 means this house is valued at £2,636 per sq meter (£244 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 Goldsmith Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Goldsmith Road |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Goldsmith Road |
| 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 |