£376,153
This estimated value is based upon the latest sale price for the house of £303,000 on 26 Oct 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £303,000 | 26 Oct 2018 |
| £192,000 | 11 Sep 2015 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 October 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £303,000 results in an estimated price of approximately £376,153.
| 26 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £303,000 | £73,153 | £376,153 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 40.916 % | £123,976 | £426,976 |
| 3 Month Average | 30.280 % | £91,749 | £394,749 |
| 6 Month Average | 21.071 % | £63,844 | £366,844 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £304,681 | £300,000 | 14 GADDESBY ROAD |
| 20 Dec 2023 | £278,560 | £270,000 | 1 RICHMOND PLACE |
| 8 Dec 2023 | £291,972 | £283,000 | 45 MELTON ROAD |
| 16 Aug 2023 | £264,775 | £260,000 | 2 RICHMOND PLACE |
| 28 Jun 2023 | £285,726 | £280,000 | 67 MELTON ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 21 May 2015. Using an estimated price of £376,154 means this house is valued at £4,001 per sq meter (£371 per sq foot).
The average size of a house on GADDESBY ROAD is 100 sq meters (1,081 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Gaddesby Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Gaddesby Road |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gaddesby Road |
| May 2024 | Robbery | Investigation complete; no suspect identified | On or near Gaddesby Road |
| May 2024 | Other theft | Unable to prosecute suspect | On or near Gaddesby Road |