£189,386
This estimated value is based upon the latest sale price for the house of £106,575 on 13 Feb 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £106,575 | 13 Feb 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 February 2006 the House Price Index for WEST MIDLANDS was 83.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 77.703%.Applying this 77.703% change to the original purchase price of £106,575 results in an estimated price of approximately £189,386.
| 13 Feb 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 148.6 | 77.703 % | £106,575 | £82,811 | £189,386 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 90.202 % | £96,132 | £202,707 |
| 3 Month Average | 71.526 % | £76,228 | £182,803 |
| 6 Month Average | 54.994 % | £58,610 | £165,185 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2023 | £60,571 | £60,000 | FLAT 86 THE PINNACLE, 50 GOMER STREET |
| 9 Mar 2023 | £176,664 | £175,000 | FALCON INN GOMER STREET WEST |
| 20 Jul 2022 | £65,175 | £65,000 | FLAT 42 THE PINNACLE, 50 GOMER STREET |
| 25 Mar 2022 | £176,165 | £170,000 | 36 GOMER STREET |
| 9 Mar 2022 | £56,994 | £55,000 | FLAT 4 THE PINNACLE, 50 GOMER STREET |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 15 Oct 2019. Using an estimated price of £189,387 means this house is valued at £2,913 per sq meter (£270 per sq foot).
The average size of a house on GOMER STREET is 69 sq meters (746 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Gomer Street | |
| Feb 2024 | Anti-social behaviour | On or near Gomer Street | |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Burglary | Under investigation | On or near Parking Area |