£357,282
This estimated value is based upon the latest sale price for the house of £228,500 on 18 Dec 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £228,500 | 18 Dec 2007 |
| £170,000 | 8 Aug 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 142 sq meters or 1,528 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 December 2007 the House Price Index for WEST MIDLANDS was 95.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.360%.Applying this 56.360% change to the original purchase price of £228,500 results in an estimated price of approximately £357,282.
| 18 Dec 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 149.7 | 56.360 % | £228,500 | £128,782 | £357,282 |
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 | 47.328 % | £108,143 | £336,643 |
| 3 Month Average | 55.252 % | £126,251 | £354,751 |
| 6 Month Average | 51.395 % | £117,437 | £345,937 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Mar 2023 | £320,350 | £315,000 | 47 GILLOTT ROAD |
| 1 Jul 2022 | £124,245 | £123,000 | FLAT 3 38 GILLOTT ROAD |
| 1 Jun 2022 | £229,915 | £225,000 | 70 GILLOTT ROAD |
| 29 Apr 2022 | £440,904 | £425,000 | 86 GILLOTT ROAD |
| 7 Apr 2022 | £327,825 | £316,000 | 53 GILLOTT ROAD |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 11 Jul 2013. Using an estimated price of £357,283 means this house is valued at £2,516 per sq meter (£233 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 | Under investigation | On or near East Gate |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near East Gate |
| Jul 2024 | Anti-social behaviour | On or near East Gate | |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near East Gate |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near East Gate |