£230,697
This estimated value is based upon the latest sale price for the house of £172,000 on 19 Aug 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £172,000 | 19 Aug 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £172,000 results in an estimated price of approximately £230,697.
| 19 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £172,000 | £58,697 | £230,697 |
The Postcode Pricing Model uses changes in average sales price within the B75 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 | 4.849 % | £8,339 | £180,339 |
| 3 Month Average | 33.583 % | £57,763 | £229,763 |
| 6 Month Average | 36.576 % | £62,910 | £234,910 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £70,000 | £70,000 | 110 TOWER ROAD |
| 28 Nov 2023 | £348,855 | £340,000 | 102 TOWER ROAD |
| 28 Apr 2023 | £126,364 | £124,000 | 153 GIBBONS ROAD |
| 26 Apr 2023 | £197,698 | £194,000 | 73 GIBBONS ROAD |
| 16 Jan 2023 | £476,273 | £475,000 | 132 GIBBONS ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 11 Apr 2016. Using an estimated price of £230,697 means this house is valued at £3,443 per sq meter (£319 per sq foot).
The average size of a house on GIBBONS ROAD is 77 sq meters (835 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Duncalfe Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Duncalfe Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Duncalfe Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Duncalfe Drive |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Duncalfe Drive |