£807,556
This estimated value is based upon the latest sale price for the house of £653,750 on 11 Feb 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £653,750 | 11 Feb 2019 |
| £250,000 | 15 Oct 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 261 sq meters or 2,809 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 February 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £653,750 results in an estimated price of approximately £807,556.
| 11 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £653,750 | £153,806 | £807,556 |
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 | 211.541 % | £1,382,947 | £2,036,697 |
| 3 Month Average | 36.375 % | £237,803 | £891,553 |
| 6 Month Average | 34.433 % | £225,103 | £878,853 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £483,459 | £475,000 | 389 GILLOTT ROAD |
| 13 Nov 2023 | £416,161 | £410,000 | 427 GILLOTT ROAD |
| 22 Sep 2023 | £194,487 | £192,000 | FLAT 18 EDWARD COURT, 317 HAGLEY ROAD |
| 29 Mar 2023 | £573,402 | £568,000 | 21 MELVILLE ROAD |
| 11 Nov 2022 | £192,666 | £195,000 | FLAT 9 EDWARD COURT, 317 HAGLEY ROAD |
This house has a floor area of 261 sq meters or 2,809 sq feet when measured on 8 Oct 2018. Using an estimated price of £807,557 means this house is valued at £3,094 per sq meter (£287 per sq foot).
The average size of a house on GILLOTT ROAD is 125 sq meters (1,355 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Holly Road | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holly Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Holly Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Holly Road |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Holly Road |