£275,185
This estimated value is based upon the latest sale price for the house of £270,000 on 30 May 2022. 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 |
|---|---|
| £270,000 | 30 May 2022 |
| £177,500 | 23 Apr 2014 |
| £174,995 | 17 Apr 2009 |
| Detached |
| 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 May 2022 the House Price Index for WEST MIDLANDS was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £270,000 results in an estimated price of approximately £275,185.
| 30 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.6 | 1.920 % | £270,000 | £5,185 | £275,185 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | -44.723 % | £-120,751 | £149,248 |
| 3 Month Average | 17.610 % | £47,547 | £317,547 |
| 6 Month Average | 8.875 % | £23,961 | £293,961 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £286,665 | £283,000 | 21 HEBDEN GROVE |
| 10 Jul 2023 | £299,025 | £295,000 | 1 GAIRLOCH ROAD |
| 17 Feb 2023 | £229,845 | £230,000 | 24 TORRIDON ROAD |
| 1 Sep 2022 | £170,622 | £172,000 | 36 TORRIDON ROAD |
| 30 May 2022 | £275,185 | £270,000 | 11 GAIRLOCH ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 11 Aug 2020. Using an estimated price of £275,185 means this house is valued at £3,397 per sq meter (£315 per sq foot).
There is one other house on the street which we know the size of, this is 1 GAIRLOCH ROAD it is 100.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Leven Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Long Mynd Close |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Hebden Grove |
| Mar 2024 | Burglary | Under investigation | On or near Kewstoke Close |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Kewstoke Close |