£167,617
This estimated value is based upon the latest sale price for the house of £82,000 on 2 Apr 2004. 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 Station Avenue
More crime details
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| Price Paid | Date |
|---|---|
| £82,000 | 2 Apr 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 2004 the House Price Index for WEST MIDLANDS was 72.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 104.412%.Applying this 104.412% change to the original purchase price of £82,000 results in an estimated price of approximately £167,617.
| 2 Apr 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 148.6 | 104.412 % | £82,000 | £85,617 | £167,617 |
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 | 254.927 % | £209,040 | £291,040 |
| 3 Month Average | 56.096 % | £45,999 | £127,999 |
| 6 Month Average | 76.169 % | £62,458 | £144,458 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £483,459 | £475,000 | 389 GILLOTT ROAD |
| 13 Nov 2023 | £416,161 | £410,000 | 427 GILLOTT ROAD |
| 22 Sep 2023 | £194,487 | £192,000 | FLAT 18 EDWARD COURT, 317 HAGLEY ROAD |
| 29 Mar 2023 | £573,402 | £568,000 | 21 MELVILLE ROAD |
| 11 Nov 2022 | £192,666 | £195,000 | FLAT 9 EDWARD COURT, 317 HAGLEY ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 15 Dec 2020. Using an estimated price of £167,618 means this house is valued at £3,492 per sq meter (£324 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 | Investigation complete; no suspect identified | On or near Station Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Station Avenue |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Station Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Station Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Station Avenue |