£226,840
This estimated value is based upon the latest sale price for the house of £131,000 on 26 Jan 2012. 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 Gandy Road
More crime details
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| Price Paid | Date |
|---|---|
| £131,000 | 26 Jan 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 848 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 2012 the House Price Index for WEST MIDLANDS was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.160%.Applying this 73.160% change to the original purchase price of £131,000 results in an estimated price of approximately £226,840.
| 26 Jan 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 149.7 | 73.160 % | £131,000 | £95,840 | £226,840 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 72.195 % | £94,575 | £225,575 |
| 3 Month Average | 73.840 % | £96,730 | £227,730 |
| 6 Month Average | 69.449 % | £90,978 | £221,978 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £258,979 | £255,000 | 3 DAMSON CLOSE |
| 21 Dec 2023 | £100,591 | £97,500 | 50 WYVERN CLOSE |
| 1 Dec 2023 | £299,194 | £290,000 | 17 SEVERN CLOSE |
| 17 Nov 2023 | £123,125 | £120,000 | 52 WYVERN CLOSE |
| 31 Oct 2023 | £261,949 | £256,000 | 22 WYVERN CLOSE |
This house has a floor area of 78 sq meters or 848 sq feet when measured on 1 Aug 2011. Using an estimated price of £226,840 means this house is valued at £2,878 per sq meter (£267 per sq foot).
The average size of a house on GANDY ROAD is 107 sq meters (1,159 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Gandy Road |
| Oct 2024 | Burglary | Unable to prosecute suspect | On or near Broad Lane North |
| Sep 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Broad Lane North |
| Oct 2024 | Public order | Under investigation | On or near Damson Close |
| Sep 2024 | Public order | Under investigation | On or near Damson Close |