£191,007
This estimated value is based upon the latest sale price for the house of £155,000 on 8 Oct 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Gibbons Hill Road
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| Price Paid | Date |
|---|---|
| £155,000 | 8 Oct 2018 |
| £140,000 | 30 Nov 2007 |
| £83,000 | 30 Apr 2004 |
| £49,950 | 14 May 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 October 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £155,000 results in an estimated price of approximately £191,007.
| 8 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £155,000 | £36,007 | £191,007 |
The Postcode Pricing Model uses changes in average sales price within the DY3 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 | 34.416 % | £53,345 | £208,345 |
| 3 Month Average | 39.950 % | £61,922 | £216,922 |
| 6 Month Average | 27.513 % | £42,644 | £197,644 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £227,914 | £225,000 | 4 GIBBONS HILL ROAD |
| 30 Nov 2022 | £204,523 | £207,000 | 18 THE VISTA |
| 15 Jul 2022 | £215,580 | £215,000 | 40 HIGHFIELD ROAD |
| 20 May 2022 | £94,786 | £93,000 | 200A WOLVERHAMPTON ROAD |
| 29 Apr 2022 | £202,870 | £197,000 | 21 GIBBONS HILL ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 16 May 2014. Using an estimated price of £191,008 means this house is valued at £2,098 per sq meter (£195 per sq foot).
The average size of a house on GIBBONS HILL ROAD is 102 sq meters (1,101 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gibbons Hill Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Gibbons Hill Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gibbons Hill Road |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Gibbons Hill Road |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near The Vista |