£155,640
This estimated value is based upon the latest sale price for the house of £90,000 on 10 Aug 2006. 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 Gipsy Lane
More crime details
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| Price Paid | Date |
|---|---|
| £90,000 | 10 Aug 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,082 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 August 2006 the House Price Index for WEST MIDLANDS was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.934%.Applying this 72.934% change to the original purchase price of £90,000 results in an estimated price of approximately £155,640.
| 10 Aug 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.934 % | £90,000 | £65,640 | £155,640 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 36.682 % | £33,013 | £123,013 |
| 3 Month Average | 53.596 % | £48,236 | £138,236 |
| 6 Month Average | 51.932 % | £46,739 | £136,739 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £179,067 | £175,000 | 3 WAKES CLOSE |
| 24 Feb 2023 | £140,941 | £140,000 | 8 GIPSY LANE |
| 12 Jan 2023 | £65,174 | £65,000 | 27 PARKES STREET |
| 29 Jul 2022 | £102,022 | £101,000 | 130 GIPSY LANE |
| 22 Jun 2022 | £86,857 | £85,000 | 19 GIPSY LANE |
This house has a floor area of 100 sq meters or 1,082 sq feet when measured on 23 Oct 2008. Using an estimated price of £155,641 means this house is valued at £1,546 per sq meter (£143 per sq foot).
The average size of a house on GIPSY LANE is 92 sq meters (1,000 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Gipsy Lane |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gipsy Lane |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gipsy Lane |
| Jun 2024 | Anti-social behaviour | On or near Gipsy Lane | |
| Jun 2024 | Anti-social behaviour | On or near Gipsy Lane |