£304,681
This estimated value is based upon the latest sale price for the house of £300,000 on 22 Mar 2024. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£300,000 | 22 Mar 2024 |
£133,500 | 23 Jan 2004 |
£45,000 | 25 Apr 1996 |
Terraced |
Freehold |
Floor Area: 90 sq meters or 973 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 March 2024 the House Price Index for WEST MIDLANDS was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £300,000 results in an estimated price of approximately £304,681.
22 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.4 | 149.7 | 1.560 % | £300,000 | £4,681 | £304,681 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 45.163 % | £135,488 | £435,488 |
3 Month Average | 31.459 % | £94,376 | £394,376 |
6 Month Average | 4.558 % | £13,672 | £313,672 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £304,681 | £300,000 | 14 GADDESBY ROAD |
20 Dec 2023 | £278,560 | £270,000 | 1 RICHMOND PLACE |
8 Dec 2023 | £291,972 | £283,000 | 45 MELTON ROAD |
3 Nov 2023 | £606,393 | £591,000 | 16 SPRINGFIELD ROAD |
16 Aug 2023 | £264,775 | £260,000 | 2 RICHMOND PLACE |
This house has a floor area of 90 sq meters or 973 sq feet when measured on 14 Jun 2010. Using an estimated price of £304,681 means this house is valued at £3,369 per sq meter (£313 per sq foot).
The average size of a house on GADDESBY ROAD is 100 sq meters (1,081 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Richmond Place |
May 2024 | Other crime | Investigation complete; no suspect identified | On or near Richmond Place |
May 2024 | Public order | Investigation complete; no suspect identified | On or near Richmond Place |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Gaddesby Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Gaddesby Road |