£162,125
This estimated value is based upon the latest sale price for the house of £45,000 on 20 Dec 2000. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£45,000 | 20 Dec 2000 |
£75,000 | 4 Sep 1998 |
Terraced |
Freehold |
Floor Area: 109 sq meters or 1,173 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 December 2000 the House Price Index for WEST MIDLANDS was 41.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 260.280%.Applying this 260.280% change to the original purchase price of £45,000 results in an estimated price of approximately £162,125.
20 Dec 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
41.2 | 148.6 | 260.280 % | £45,000 | £117,125 | £162,125 |
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 | 123.965 % | £55,784 | £100,784 |
3 Month Average | 162.122 % | £72,954 | £117,954 |
6 Month Average | 214.481 % | £96,516 | £141,516 |
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 |
22 Sep 2023 | £50,648 | £50,000 | 80A INSTITUTE ROAD |
27 Mar 2023 | £426,518 | £422,500 | 144 ADDISON ROAD |
27 Jul 2022 | £320,864 | £320,000 | 122 MELTON ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 12 Jun 2014. Using an estimated price of £162,126 means this house is valued at £1,487 per sq meter (£138 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 | Anti-social behaviour | On or near Addison Road | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Addison Road |