£313,343
This estimated value is based upon the latest sale price for the house of £180,000 on 22 Jul 2011. 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 | 22 Jul 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,450 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 July 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.080%.Applying this 74.080% change to the original purchase price of £180,000 results in an estimated price of approximately £313,343.
| 22 Jul 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.080 % | £180,000 | £133,343 | £313,343 |
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 | 103.036 % | £185,464 | £365,464 |
| 3 Month Average | 104.095 % | £187,371 | £367,371 |
| 6 Month Average | 84.147 % | £151,464 | £331,464 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £490,059 | £475,000 | 389 GILLOTT ROAD |
| 8 Dec 2023 | £490,059 | £475,000 | 387 GILLOTT ROAD |
| 13 Nov 2023 | £420,679 | £410,000 | 427 GILLOTT ROAD |
| 31 Mar 2023 | £109,834 | £108,000 | FLAT 4 353 GILLOTT ROAD |
| 24 Mar 2023 | £477,982 | £470,000 | 123B PORTLAND ROAD |
This house has a floor area of 134 sq meters or 1,450 sq feet when measured on 5 Mar 2012. Using an estimated price of £313,343 means this house is valued at £2,325 per sq meter (£216 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 | Anti-social behaviour | On or near Portland Road | |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Portland Road |
| Jun 2024 | Robbery | Investigation complete; no suspect identified | On or near Portland Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Portland Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Portland Road |