£137,397
This estimated value is based upon the latest sale price for the house of £112,000 on 20 Dec 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £112,000 | 20 Dec 2019 |
| £70,000 | 9 Apr 2019 |
| £65,000 | 30 Oct 2018 |
| £27,500 | 16 Nov 2001 |
| £25,000 | 9 Apr 1998 |
| Terraced |
| 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 December 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £112,000 results in an estimated price of approximately £137,397.
| 20 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £112,000 | £25,397 | £137,397 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 46.333 % | £51,893 | £163,893 |
| 3 Month Average | 16.048 % | £17,973 | £129,973 |
| 6 Month Average | 18.381 % | £20,586 | £132,586 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £157,007 | £155,000 | 74 GORSEBROOK ROAD |
| 17 Aug 2023 | £86,456 | £85,700 | 84 GORSEBROOK ROAD |
| 7 Jul 2023 | £81,091 | £80,000 | 13 CARTER ROAD |
| 27 Jan 2023 | £99,531 | £100,000 | 103 GORSEBROOK ROAD |
| 12 Sep 2022 | £159,710 | £161,000 | 283 DUNSTALL ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 22 Sep 2021. Using an estimated price of £137,398 means this house is valued at £1,526 per sq meter (£141 per sq foot).
The average size of a house on CARTER ROAD is 78 sq meters (844 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carter Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Carter Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carter Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carter Road |
| Mar 2024 | Anti-social behaviour | On or near Carter Road |