£174,860
This estimated value is based upon the latest sale price for the house of £36,000 on 19 Jan 1998. 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 St Margaret Road
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| Price Paid | Date |
|---|---|
| £36,000 | 19 Jan 1998 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 January 1998 the House Price Index for WEST MIDLANDS was 30.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 385.724%.Applying this 385.724% change to the original purchase price of £36,000 results in an estimated price of approximately £174,860.
| 19 Jan 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.8 | 149.7 | 385.724 % | £36,000 | £138,860 | £174,860 |
The Postcode Pricing Model uses changes in average sales price within the CV1 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 | 457.184 % | £164,586 | £200,586 |
| 3 Month Average | 406.918 % | £146,490 | £182,490 |
| 6 Month Average | 412.653 % | £148,554 | £184,554 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £290,828 | £285,000 | 214 GULSON ROAD |
| 1 Mar 2023 | £223,736 | £220,000 | 165 GULSON ROAD |
| 7 Oct 2022 | £217,274 | £218,000 | 21 BOTONER ROAD |
| 9 Sep 2022 | £314,790 | £315,000 | 163 GULSON ROAD |
| 15 Jul 2022 | £202,024 | £200,000 | 87 ST MARGARET ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 25 Jan 2013. Using an estimated price of £174,861 means this house is valued at £1,964 per sq meter (£182 per sq foot).
The average size of a house on GULSON ROAD is 98 sq meters (1,064 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near St Margaret Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near St Margaret Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Margaret Road |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near St Margaret Road |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near St Margaret Road |