£196,013
This estimated value is based upon the latest sale price for the house of £157,500 on 12 Mar 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £157,500 | 12 Mar 2019 |
| £105,000 | 19 Oct 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £157,500 results in an estimated price of approximately £196,013.
| 12 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £157,500 | £38,513 | £196,013 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 34.810 % | £54,826 | £212,326 |
| 3 Month Average | 34.213 % | £53,884 | £211,384 |
| 6 Month Average | 35.936 % | £56,598 | £214,098 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Oct 2023 | £225,113 | £220,000 | 43 ALAMEIN ROAD |
| 10 Aug 2023 | £187,889 | £184,500 | 16 MOUNT ROAD |
| 21 Jun 2023 | £147,965 | £145,000 | 20 BARNETT ROAD |
| 24 Mar 2023 | £183,057 | £180,000 | 73 ALAMEIN ROAD |
| 3 Mar 2023 | £437,303 | £430,000 | ROYAL OAK VAUGHAN ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 29 Oct 2018. Using an estimated price of £196,014 means this house is valued at £2,419 per sq meter (£224 per sq foot).
The average size of a house on GERRARD ROAD is 106 sq meters (1,145 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gerrard Road |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Gerrard Road |
| May 2024 | Violence and sexual offences | Under investigation | On or near Gerrard Road |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Barnett Road |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Barnett Road |