£412,320
This estimated value is based upon the latest sale price for the house of £240,000 on 4 May 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £240,000 | 4 May 2012 |
| £135,000 | 4 Sep 2001 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 May 2012 the House Price Index for WEST MIDLANDS was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.800%.Applying this 71.800% change to the original purchase price of £240,000 results in an estimated price of approximately £412,320.
| 4 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 149.7 | 71.800 % | £240,000 | £172,320 | £412,320 |
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 | 78.514 % | £188,434 | £428,434 |
| 3 Month Average | 65.196 % | £156,470 | £396,470 |
| 6 Month Average | 68.925 % | £165,419 | £405,419 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £229,289 | £225,000 | 62 BROWNSWALL ROAD |
| 12 Jan 2023 | £230,616 | £230,000 | 6 EASTLEIGH |
| 20 Jun 2022 | £192,106 | £188,000 | 4 SOUTH VIEW ROAD |
| 29 Oct 2021 | £293,158 | £263,000 | 8 SOUTH VIEW ROAD |
| 31 Aug 2021 | £297,827 | £265,000 | 33 GOSPEL END ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 24 Mar 2011. Using an estimated price of £412,320 means this house is valued at £3,925 per sq meter (£364 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 |
|---|---|---|---|
| May 2024 | Vehicle crime | Under investigation | On or near South View Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Ryecroft Close |
| May 2024 | Other theft | Unable to prosecute suspect | On or near Ryecroft Close |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Western Avenue |
| Jul 2024 | Other theft | Under investigation | On or near Petrol Station |