£243,702
This estimated value is based upon the latest sale price for the house of £175,000 on 19 Nov 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £175,000 | 19 Nov 2015 |
| £160,000 | 21 Aug 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2015 the House Price Index for WEST MIDLANDS was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £175,000 results in an estimated price of approximately £243,702.
| 19 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £175,000 | £68,702 | £243,702 |
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 | 5.197 % | £9,095 | £184,095 |
| 3 Month Average | 13.499 % | £23,623 | £198,623 |
| 6 Month Average | 29.400 % | £51,449 | £226,449 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £272,773 | £268,000 | 38 GOODREST CROFT |
| 4 Dec 2023 | £270,737 | £266,000 | 24 GOODREST CROFT |
| 5 Apr 2023 | £267,884 | £265,000 | 39 GOODREST CROFT |
| 13 Feb 2023 | £250,831 | £251,000 | 21 LEYMAN CLOSE |
| 30 Jan 2023 | £250,818 | £252,000 | 19 LEYMAN CLOSE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 8 Jul 2015. Using an estimated price of £243,702 means this house is valued at £2,801 per sq meter (£260 per sq foot).
The average size of a house on GOODREST CROFT is 109 sq meters (1,174 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Goodrest Croft |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Leyman Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Mar 2024 | Public order | Under investigation | On or near Supermarket |