£389,676
This estimated value is based upon the latest sale price for the house of £227,000 on 16 Aug 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £227,000 | 16 Aug 2006 |
| £95,000 | 20 Nov 1998 |
| £68,000 | 9 Aug 1996 |
| Terraced |
| Freehold |
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 2006 the House Price Index for WEST MIDLANDS was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.664%.Applying this 71.664% change to the original purchase price of £227,000 results in an estimated price of approximately £389,676.
| 16 Aug 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.664 % | £227,000 | £162,676 | £389,676 |
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 | 25.738 % | £58,425 | £285,425 |
| 3 Month Average | 38.977 % | £88,477 | £315,477 |
| 6 Month Average | 56.811 % | £128,961 | £355,961 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £294,000 | £294,000 | 7 GOLDSMITH ROAD |
| 1 Dec 2023 | £290,075 | £285,000 | 136 MELTON ROAD |
| 17 Feb 2023 | £261,824 | £262,000 | 69 MELTON ROAD |
| 27 Jul 2022 | £320,864 | £320,000 | 122 MELTON ROAD |
| 14 Jul 2022 | £406,093 | £405,000 | 38 GOLDSMITH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Goldsmith Road |
| 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 | Other theft | Unable to prosecute suspect | On or near Melton Road |