£304,893
This estimated value is based upon the latest sale price for the house of £233,500 on 24 Mar 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £233,500 | 24 Mar 2017 |
| £163,000 | 4 Sep 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 745 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 March 2017 the House Price Index for WEST MIDLANDS was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £233,500 results in an estimated price of approximately £304,893.
| 24 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £233,500 | £71,393 | £304,893 |
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 | 26.580 % | £62,064 | £295,564 |
| 3 Month Average | 39.035 % | £91,145 | £324,645 |
| 6 Month Average | 30.985 % | £72,350 | £305,850 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £70,000 | £70,000 | 110 TOWER ROAD |
| 1 Mar 2024 | £304,681 | £300,000 | 12 THE DOVECOTES |
| 17 Nov 2023 | £192,896 | £188,000 | 158 TOWER ROAD |
| 28 Apr 2023 | £126,364 | £124,000 | 153 GIBBONS ROAD |
| 4 Apr 2023 | £239,479 | £235,000 | 4 THE DOVECOTES |
This house has a floor area of 69 sq meters or 745 sq feet when measured on 16 Mar 2012. Using an estimated price of £304,894 means this house is valued at £4,402 per sq meter (£408 per sq foot).
The average size of a house on GIBBONS ROAD is 77 sq meters (835 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walcot Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walcot Close |
| Jul 2024 | Anti-social behaviour | On or near Walcot Close | |
| Jul 2024 | Anti-social behaviour | On or near Walcot Close | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walcot Close |