£711,667
This estimated value is based upon the latest sale price for the house of £434,950 on 4 Oct 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £434,950 | 4 Oct 2013 |
| £332,500 | 20 Oct 2006 |
| Detached |
| Freehold |
| Floor Area: 216 sq meters or 2,325 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 2013 the House Price Index for WEST MIDLANDS was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £434,950 results in an estimated price of approximately £711,667.
| 4 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 148.6 | 63.621 % | £434,950 | £276,717 | £711,667 |
The Postcode Pricing Model uses changes in average sales price within the DY3 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 | 78.118 % | £339,775 | £774,725 |
| 3 Month Average | 62.396 % | £271,389 | £706,339 |
| 6 Month Average | 51.371 % | £223,439 | £658,389 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2023 | £273,683 | £270,000 | 1 BROWNSWALL ROAD |
| 15 Jun 2023 | £339,108 | £335,000 | 5 BROWNSWALL ROAD |
| 21 Apr 2023 | £227,449 | £225,000 | 62 BROWNSWALL ROAD |
| 20 Jun 2022 | £190,695 | £188,000 | 4 SOUTH VIEW ROAD |
| 29 Oct 2021 | £291,004 | £263,000 | 8 SOUTH VIEW ROAD |
This house has a floor area of 216 sq meters or 2,325 sq feet when measured on 8 Jul 2013. Using an estimated price of £711,668 means this house is valued at £3,294 per sq meter (£306 per sq foot).
The average size of a house on GOSPEL END ROAD is 118 sq meters (1,279 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coppice Close |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Western Avenue |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Western Avenue |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Lydiates Close |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |