£329,962
This estimated value is based upon the latest sale price for the house of £180,000 on 19 Aug 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £180,000 | 19 Aug 2005 |
| £130,000 | 17 Oct 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 August 2005 the House Price Index for WEST MIDLANDS was 81.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.313%.Applying this 83.313% change to the original purchase price of £180,000 results in an estimated price of approximately £329,962.
| 19 Aug 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 148.6 | 83.313 % | £180,000 | £149,962 | £329,962 |
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 | 361.448 % | £650,606 | £830,606 |
| 3 Month Average | 68.047 % | £122,484 | £302,484 |
| 6 Month Average | 78.911 % | £142,039 | £322,039 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2023 | £303,885 | £300,000 | FLAT 1 24 SELWYN ROAD |
| 21 Jul 2023 | £430,798 | £425,000 | 252 GILLOTT ROAD |
| 19 Jul 2023 | £496,685 | £490,000 | 133 ROTTON PARK ROAD |
| 4 Nov 2022 | £316,170 | £320,000 | 238 GILLOTT ROAD |
| 21 Sep 2022 | £147,045 | £148,232 | 251 GILLOTT ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 29 Jan 2020. Using an estimated price of £329,963 means this house is valued at £3,172 per sq meter (£294 per sq foot).
The average size of a house on WHEATSHEAF ROAD is 113 sq meters (1,225 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wheatsheaf Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Gillott Road |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gillott Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gillott Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gillott Road |