£182,451
This estimated value is based upon the latest sale price for the house of £170,000 on 29 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £170,000 | 29 Sep 2021 |
| £122,000 | 7 Dec 2012 |
| £44,000 | 11 Sep 1998 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 September 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £170,000 results in an estimated price of approximately £182,451.
| 29 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.0 | 7.324 % | £170,000 | £12,451 | £182,451 |
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 | -22.471 % | £-38,201 | £131,798 |
| 3 Month Average | -34.879 % | £-59,293 | £110,706 |
| 6 Month Average | -15.534 % | £-26,407 | £143,592 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £361,846 | £355,000 | 107 GOLDTHORN ROAD |
| 31 Mar 2023 | £201,087 | £200,000 | 59 GOLDTHORN ROAD |
| 14 Jul 2022 | £114,845 | £115,000 | 151A PENN ROAD |
| 10 Jun 2022 | £127,290 | £126,000 | 155A PENN ROAD |
| 25 May 2022 | £182,716 | £180,000 | 48 CHETWYND ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 27 Jul 2021. Using an estimated price of £182,451 means this house is valued at £2,499 per sq meter (£232 per sq foot).
The average size of a house on GOLDTHORN ROAD is 121 sq meters (1,310 sq feet).
This house is the smallest in the street with a floor area of 73 sq meters (785 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Goldthorn Road | |
| Jan 2024 | Anti-social behaviour | On or near Goldthorn Road | |
| Jan 2024 | Anti-social behaviour | On or near Goldthorn Road | |
| Jan 2024 | Anti-social behaviour | On or near Goldthorn Road | |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Sports/Recreation Area |