£120,117
This estimated value is based upon the latest sale price for the house of £61,000 on 4 Jun 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £61,000 | 4 Jun 2004 |
| £19,200 | 5 May 2000 |
| £23,500 | 30 Apr 1997 |
| £16,000 | 30 Nov 1995 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 June 2004 the House Price Index for WEST MIDLANDS was 75.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 96.914%.Applying this 96.914% change to the original purchase price of £61,000 results in an estimated price of approximately £120,117.
| 4 Jun 2004 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 148.0 | 96.914 % | £61,000 | £59,117 | £120,117 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 100.206 % | £61,125 | £122,125 |
| 3 Month Average | 54.231 % | £33,080 | £94,080 |
| 6 Month Average | 68.326 % | £41,679 | £102,679 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £86,224 | £85,700 | 84 GORSEBROOK ROAD |
| 30 Jun 2023 | £131,063 | £130,000 | 111 CARTER ROAD |
| 11 Apr 2023 | £206,535 | £205,000 | 80 GLENTWORTH GARDENS |
| 27 Jan 2023 | £99,129 | £100,000 | 103 GORSEBROOK ROAD |
| 2 Sep 2022 | £111,148 | £112,500 | 71 GORSEBROOK ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 8 Mar 2016. Using an estimated price of £120,117 means this house is valued at £1,668 per sq meter (£154 per sq foot).
The average size of a house on CARTER ROAD is 78 sq meters (844 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Carter Road |
| Apr 2024 | Other theft | Under investigation | On or near Carter Road |
| Mar 2024 | Anti-social behaviour | On or near Carter Road | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carter Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carter Road |