£203,631
This estimated value is based upon the latest sale price for the house of £125,000 on 21 Feb 2007. 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 Gorse Close
More crime details
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| Price Paid | Date |
|---|---|
| £125,000 | 21 Feb 2007 |
| £105,000 | 13 Aug 2004 |
| £37,000 | 24 May 1996 |
| Terraced |
| Freehold |
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 February 2007 the House Price Index for WEST MIDLANDS was 91.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.906%.Applying this 62.906% change to the original purchase price of £125,000 results in an estimated price of approximately £203,631.
| 21 Feb 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 148.6 | 62.906 % | £125,000 | £78,631 | £203,631 |
The Postcode Pricing Model uses changes in average sales price within the B37 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 | 30.087 % | £37,608 | £162,608 |
| 3 Month Average | 53.564 % | £66,955 | £191,955 |
| 6 Month Average | 61.639 % | £77,048 | £202,048 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £119,041 | £118,000 | 42 YORKLEA CROFT |
| 1 Aug 2023 | £161,412 | £160,000 | 169 BOSWORTH DRIVE |
| 3 Mar 2023 | £191,807 | £190,000 | 49 KINGTON GARDENS |
| 13 Oct 2021 | £151,587 | £137,000 | 19 HEATHMERE DRIVE |
| 27 Jul 2021 | £114,927 | £100,000 | 118 HEATHMERE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gorse Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gorse Close |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Gorse Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gorse Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Gorse Close |