£655,871
This estimated value is based upon the latest sale price for the house of £399,950 on 16 Jul 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £399,950 | 16 Jul 2013 |
| Detached |
| Freehold |
| Floor Area: 170 sq meters or 1,829 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 July 2013 the House Price Index for WEST MIDLANDS was 89.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 63.988%.Applying this 63.988% change to the original purchase price of £399,950 results in an estimated price of approximately £655,871.
| 16 Jul 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 146.7 | 63.988 % | £399,950 | £255,921 | £655,871 |
The Postcode Pricing Model uses changes in average sales price within the WS9 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 | 13.146 % | £52,579 | £452,529 |
| 3 Month Average | 39.600 % | £158,379 | £558,329 |
| 6 Month Average | 49.803 % | £199,188 | £599,138 |
This house has a floor area of 170 sq meters or 1,829 sq feet when measured on 28 Nov 2012.
The average size of a house on GORSEY WAY is 181 sq meters (1,955 sq feet).
This house is the largest in the street with a floor area of 170 sq meters (1,829 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Gorsey Way |
| Jan 2024 | Anti-social behaviour | On or near Linley Close | |
| Jan 2024 | Anti-social behaviour | On or near Linley Close | |
| Jan 2024 | Anti-social behaviour | On or near Linley Close | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Limestone Close |