£292,408
This estimated value is based upon the latest sale price for the house of £230,000 on 11 Oct 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £230,000 | 11 Oct 2017 |
| £117,500 | 18 Jul 2006 |
| £100,000 | 7 Nov 2001 |
| £89,000 | 14 Jan 2000 |
| £65,000 | 14 Jan 2000 |
| £40,000 | 4 Apr 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 137 sq meters or 1,481 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 2017 the House Price Index for WEST MIDLANDS was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £230,000 results in an estimated price of approximately £292,408.
| 11 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £230,000 | £62,408 | £292,408 |
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 | 12.427 % | £28,582 | £258,582 |
| 3 Month Average | 36.942 % | £84,967 | £314,967 |
| 6 Month Average | 20.031 % | £46,070 | £276,070 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Mar 2023 | £320,350 | £315,000 | 47 GILLOTT ROAD |
| 1 Jul 2022 | £124,245 | £123,000 | FLAT 3 38 GILLOTT ROAD |
| 1 Jun 2022 | £229,915 | £225,000 | 70 GILLOTT ROAD |
| 29 Apr 2022 | £440,904 | £425,000 | 86 GILLOTT ROAD |
| 7 Apr 2022 | £327,825 | £316,000 | 53 GILLOTT ROAD |
This house has a floor area of 137 sq meters or 1,481 sq feet when measured on 8 Jan 2010. Using an estimated price of £292,409 means this house is valued at £2,124 per sq meter (£197 per sq foot).
The average size of a house on GILLOTT ROAD is 125 sq meters (1,355 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near East Gate |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near East Gate |
| Jul 2024 | Anti-social behaviour | On or near East Gate | |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near East Gate |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near East Gate |