£325,416
This estimated value is based upon the latest sale price for the house of £316,000 on 7 Apr 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near East Gate
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| Price Paid | Date |
|---|---|
| £316,000 | 7 Apr 2022 |
| £262,500 | 30 Nov 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 183 sq meters or 1,969 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 April 2022 the House Price Index for WEST MIDLANDS was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £316,000 results in an estimated price of approximately £325,416.
| 7 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £316,000 | £9,416 | £325,416 |
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 | 160.897 % | £508,434 | £824,434 |
| 3 Month Average | 6.340 % | £20,034 | £336,034 |
| 6 Month Average | 27.726 % | £87,613 | £403,613 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Mar 2023 | £317,996 | £315,000 | 47 GILLOTT ROAD |
| 1 Jul 2022 | £123,332 | £123,000 | FLAT 3 38 GILLOTT ROAD |
| 1 Jun 2022 | £228,225 | £225,000 | 70 GILLOTT ROAD |
| 7 Apr 2022 | £325,417 | £316,000 | 53 GILLOTT ROAD |
| 5 Apr 2022 | £267,748 | £260,000 | 21 LINK ROAD |
This house has a floor area of 183 sq meters or 1,969 sq feet when measured on 23 Sep 2019. Using an estimated price of £325,417 means this house is valued at £1,778 per sq meter (£165 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 | Burglary | Under investigation | On or near East Gate |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near East Gate |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near East Gate |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near East Gate |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near East Gate |