£212,747
This estimated value is based upon the latest sale price for the house of £172,000 on 31 Aug 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Goldthorn Avenue
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| Price Paid | Date |
|---|---|
| £172,000 | 31 Aug 2018 |
| £135,000 | 6 Dec 2017 |
| £140,000 | 27 Oct 2017 |
| £140,000 | 27 Oct 2017 |
| £125,000 | 21 Aug 2003 |
| £50,000 | 20 Jan 1995 |
| Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 August 2018 the House Price Index for WEST MIDLANDS was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £172,000 results in an estimated price of approximately £212,747.
| 31 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £172,000 | £40,747 | £212,747 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | -4.281 % | £-7,363 | £164,636 |
| 3 Month Average | 3.499 % | £6,017 | £178,017 |
| 6 Month Average | 21.692 % | £37,309 | £209,309 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £319,080 | £315,000 | 37 GOLDTHORN AVENUE |
| 28 Feb 2023 | £249,832 | £250,000 | 70 ALEXANDRA ROAD |
| 11 Aug 2022 | £186,997 | £187,500 | 40 BELMONT ROAD |
| 10 Jun 2022 | £268,799 | £265,000 | 9 GOLDTHORN AVENUE |
| 25 Feb 2022 | £277,904 | £265,000 | 75 GOLDTHORN AVENUE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 6 Mar 2018. Using an estimated price of £212,748 means this house is valued at £2,762 per sq meter (£256 per sq foot).
The average size of a house on ALEXANDRA ROAD is 111 sq meters (1,195 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Goldthorn Avenue |
| Mar 2024 | Drugs | Under investigation | On or near Belmont Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Shervale Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shervale Close |
| Jan 2024 | Robbery | Local resolution | On or near Shervale Close |