£257,039
This estimated value is based upon the latest sale price for the house of £140,000 on 6 Oct 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £140,000 | 6 Oct 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 October 2005 the House Price Index for WEST MIDLANDS was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.599%.Applying this 83.599% change to the original purchase price of £140,000 results in an estimated price of approximately £257,039.
| 6 Oct 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 149.7 | 83.599 % | £140,000 | £117,039 | £257,039 |
The Postcode Pricing Model uses changes in average sales price within the B65 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 | 85.381 % | £119,532 | £259,532 |
| 3 Month Average | 74.033 % | £103,645 | £243,645 |
| 6 Month Average | 84.330 % | £118,062 | £258,062 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jul 2024 | £240,000 | £240,000 | 24 ROMAN WAY |
| 26 Apr 2024 | £252,190 | £250,000 | 11 SAXON DRIVE |
| 20 Dec 2023 | £258,441 | £250,500 | 32 ROMAN WAY |
| 4 Dec 2023 | £257,926 | £250,000 | 40 MAJESTIC WAY |
| 11 Aug 2023 | £249,500 | £245,000 | 4 ROMAN WAY |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 15 Jan 2016. Using an estimated price of £257,039 means this house is valued at £2,855 per sq meter (£265 per sq foot).
The average size of a house on GOTHS CLOSE is 91 sq meters (981 sq feet).
This house is the largest in the street with a floor area of 90 sq meters (968 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maer Close |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Maer Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Maer Close |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Maer Close |
| Sep 2024 | Drugs | Local resolution | On or near Maer Close |