£307,259
This estimated value is based upon the latest sale price for the house of £260,000 on 21 Oct 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £260,000 | 21 Oct 2020 |
| £124,000 | 26 Nov 2001 |
| £124,000 | 26 Nov 2001 |
| Detached |
| Freehold |
| Floor Area: 193 sq meters or 2,077 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 2020 the House Price Index for WEST MIDLANDS was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £260,000 results in an estimated price of approximately £307,259.
| 21 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £260,000 | £47,259 | £307,259 |
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 | 18.685 % | £48,581 | £308,581 |
| 3 Month Average | 8.983 % | £23,355 | £283,355 |
| 6 Month Average | 8.958 % | £23,291 | £283,291 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £328,334 | £320,000 | 133 GILLOTT ROAD |
| 29 Sep 2023 | £567,510 | £555,000 | 49 SELWYN ROAD |
| 14 Apr 2023 | £351,576 | £345,000 | 71 SELWYN ROAD |
| 3 Mar 2023 | £320,350 | £315,000 | 47 GILLOTT ROAD |
| 4 Nov 2022 | £318,511 | £320,000 | 238 GILLOTT ROAD |
This house has a floor area of 193 sq meters or 2,077 sq feet when measured on 4 Sep 2013. Using an estimated price of £307,259 means this house is valued at £1,592 per sq meter (£147 per sq foot).
The average size of a house on GILLOTT ROAD is 125 sq meters (1,355 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near West Gate |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near West Gate |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near West Gate |
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near West Gate |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near West Gate |