£297,069
This estimated value is based upon the latest sale price for the house of £160,000 on 20 Mar 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £160,000 | 20 Mar 2009 |
| £122,000 | 31 Jul 2008 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,135 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 2009 the House Price Index for WEST MIDLANDS was 80.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 85.668%.Applying this 85.668% change to the original purchase price of £160,000 results in an estimated price of approximately £297,069.
| 20 Mar 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.0 | 148.6 | 85.668 % | £160,000 | £137,069 | £297,069 |
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 | 394.737 % | £631,579 | £791,579 |
| 3 Month Average | 74.305 % | £118,888 | £278,888 |
| 6 Month Average | 92.084 % | £147,333 | £307,333 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Mar 2023 | £317,996 | £315,000 | 47 GILLOTT ROAD |
| 1 Jul 2022 | £123,332 | £123,000 | FLAT 3 38 GILLOTT ROAD |
| 1 Jun 2022 | £228,225 | £225,000 | 70 GILLOTT ROAD |
| 7 Apr 2022 | £325,417 | £316,000 | 53 GILLOTT ROAD |
| 5 Apr 2022 | £267,748 | £260,000 | 21 LINK ROAD |
This house has a floor area of 105 sq meters or 1,135 sq feet when measured on 9 Feb 2009. Using an estimated price of £297,069 means this house is valued at £2,816 per sq meter (£261 per sq foot).
The average size of a house on LINK ROAD is 121 sq meters (1,309 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Link Road | |
| Feb 2024 | Anti-social behaviour | On or near Link Road | |
| Mar 2024 | Burglary | Under investigation | On or near Petrol Station |
| Feb 2024 | Robbery | Investigation complete; no suspect identified | On or near Petrol Station |
| Jan 2024 | Shoplifting | Unable to prosecute suspect | On or near Petrol Station |