£219,980
This estimated value is based upon the latest sale price for the house of £178,000 on 18 Dec 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £178,000 | 18 Dec 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 December 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £178,000 results in an estimated price of approximately £219,980.
| 18 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £178,000 | £41,980 | £219,980 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 17.877 % | £31,821 | £209,821 |
| 3 Month Average | 16.478 % | £29,330 | £207,330 |
| 6 Month Average | 13.331 % | £23,728 | £201,728 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £152,341 | £150,000 | 58 GORLESTON ROAD |
| 9 Jun 2023 | £317,360 | £311,000 | 288 PRINCE OF WALES LANE |
| 28 Apr 2023 | £244,575 | £240,000 | 7 GRAFTON ROAD |
| 27 Mar 2023 | £203,397 | £200,000 | 242 PRINCE OF WALES LANE |
| 24 Feb 2023 | £176,177 | £175,000 | 3 GRAFTON ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 4 Apr 2019. Using an estimated price of £219,980 means this house is valued at £2,715 per sq meter (£252 per sq foot).
The average size of a house on GORLESTON ROAD is 80 sq meters (871 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Gorleston Road | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Gorleston Road |
| Sep 2024 | Shoplifting | Under investigation | On or near Gorleston Road |
| Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Gorleston Road |
| Jun 2024 | Robbery | Unable to prosecute suspect | On or near Gorleston Road |