£367,120
This estimated value is based upon the latest sale price for the house of £155,000 on 7 May 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £155,000 | 7 May 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 181 sq meters or 1,948 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 2003 the House Price Index for WEST MIDLANDS was 62.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 136.852%.Applying this 136.852% change to the original purchase price of £155,000 results in an estimated price of approximately £367,120.
| 7 May 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 148.6 | 136.852 % | £155,000 | £212,120 | £367,120 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | 298.638 % | £462,889 | £617,889 |
| 3 Month Average | 76.990 % | £119,333 | £274,333 |
| 6 Month Average | 99.947 % | £154,917 | £309,917 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £562,188 | £555,000 | 49 SELWYN ROAD |
| 14 Apr 2023 | £348,755 | £345,000 | 71 SELWYN ROAD |
| 3 Mar 2023 | £317,996 | £315,000 | 47 GILLOTT ROAD |
| 4 Nov 2022 | £316,170 | £320,000 | 238 GILLOTT ROAD |
| 29 Apr 2022 | £437,665 | £425,000 | 86 GILLOTT ROAD |
This house has a floor area of 181 sq meters or 1,948 sq feet when measured on 3 Oct 2018. Using an estimated price of £367,120 means this house is valued at £2,028 per sq meter (£188 per sq foot).
The average size of a house on GILLOTT ROAD is 125 sq meters (1,355 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near West Gate |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near West Gate |
| Mar 2024 | Public order | Awaiting court outcome | On or near West Gate |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near West Gate |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near West Gate |