£251,247
This estimated value is based upon the latest sale price for the house of £199,950 on 11 May 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £199,950 | 11 May 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 87 sq meters or 936 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 May 2018 the House Price Index for WEST MIDLANDS was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £199,950 results in an estimated price of approximately £251,247.
| 11 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £199,950 | £51,297 | £251,247 |
The Postcode Pricing Model uses changes in average sales price within the B13 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 | -20.338 % | £-40,666 | £159,283 |
| 3 Month Average | 10.967 % | £21,927 | £221,877 |
| 6 Month Average | 8.685 % | £17,364 | £217,314 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Oct 2023 | £150,416 | £147,000 | FLAT 6 PITMASTON COURT WEST GOODBY ROAD |
| 21 Sep 2023 | £274,041 | £268,000 | FLAT 33 PITMASTON COURT WEST GOODBY ROAD |
| 11 Sep 2023 | £199,396 | £195,000 | FLAT 7 PITMASTON COURT WEST GOODBY ROAD |
| 17 Aug 2023 | £149,700 | £147,000 | FLAT 38 PITMASTON COURT WEST GOODBY ROAD |
| 6 Apr 2023 | £252,218 | £247,500 | 8 OMEGA APARTMENTS GOODBY ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 8 May 2012. Using an estimated price of £251,248 means this house is valued at £2,887 per sq meter (£268 per sq foot).
The average size of a house on GOODBY ROAD is 98 sq meters (1,055 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Drugs | Under investigation | On or near Goodby Road |
| Aug 2024 | Possession of weapons | Under investigation | On or near Goodby Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Goodby Road |
| Aug 2024 | Drugs | Offender given a caution | On or near Goodby Road |
| Aug 2024 | Other crime | Under investigation | On or near Goodby Road |