£317,752
This estimated value is based upon the latest sale price for the house of £265,000 on 17 Aug 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £265,000 | 17 Aug 2020 |
| £204,000 | 19 Oct 2005 |
| £195,000 | 15 Jun 2005 |
| £168,000 | 13 Aug 2004 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 August 2020 the House Price Index for WEST MIDLANDS was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £265,000 results in an estimated price of approximately £317,752.
| 17 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £265,000 | £52,752 | £317,752 |
The Postcode Pricing Model uses changes in average sales price within the WV2 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 | 5.263 % | £13,947 | £278,947 |
| 3 Month Average | 28.551 % | £75,660 | £340,660 |
| 6 Month Average | 12.022 % | £31,858 | £296,858 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £393,709 | £390,000 | 2 TUDOR CRESCENT |
| 23 Nov 2022 | £345,811 | £350,000 | 182 GOLDTHORN HILL |
| 17 Feb 2022 | £380,152 | £362,500 | 19A TUDOR CRESCENT |
| 20 Dec 2021 | £332,127 | £310,000 | 99 GOLDTHORN ROAD |
| 29 Oct 2021 | £320,879 | £290,000 | 5 TUDOR CRESCENT |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 16 Oct 2019. Using an estimated price of £317,753 means this house is valued at £2,862 per sq meter (£265 per sq foot).
The average size of a house on GOLDTHORN HILL is 113 sq meters (1,218 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Wardlow Close |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Needwood Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Needwood Close |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Needwood Close |
| Jan 2024 | Burglary | Under investigation | On or near Waverley Crescent |