£163,460
This estimated value is based upon the latest sale price for the house of £110,000 on 16 Jan 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £110,000 | 16 Jan 2015 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 January 2015 the House Price Index for WEST MIDLANDS was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £110,000 results in an estimated price of approximately £163,460.
| 16 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £110,000 | £53,460 | £163,460 |
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 | 75.563 % | £83,119 | £193,119 |
| 3 Month Average | 68.233 % | £75,056 | £185,056 |
| 6 Month Average | 56.747 % | £62,422 | £172,422 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £201,902 | £200,000 | 59 GOLDTHORN ROAD |
| 14 Jul 2022 | £115,310 | £115,000 | 151A PENN ROAD |
| 10 Jun 2022 | £127,806 | £126,000 | 155A PENN ROAD |
| 25 May 2022 | £183,457 | £180,000 | 48 CHETWYND ROAD |
| 4 Apr 2022 | £231,705 | £225,000 | 36 CHETWYND ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 6 Sep 2014. Using an estimated price of £163,460 means this house is valued at £2,018 per sq meter (£187 per sq foot).
The average size of a house on GOLDTHORN ROAD is 121 sq meters (1,310 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 | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sports/Recreation Area |