£166,748
This estimated value is based upon the latest sale price for the house of £129,000 on 28 Apr 2017. 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 Mayfair
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| Price Paid | Date |
|---|---|
| £129,000 | 28 Apr 2017 |
| £74,000 | 15 Dec 2003 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 916 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 April 2017 the House Price Index for WEST MIDLANDS was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £129,000 results in an estimated price of approximately £166,748.
| 28 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £129,000 | £37,748 | £166,748 |
The Postcode Pricing Model uses changes in average sales price within the DY9 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 | 9.231 % | £11,907 | £140,907 |
| 3 Month Average | 15.782 % | £20,358 | £149,358 |
| 6 Month Average | 20.459 % | £26,391 | £155,391 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £254,452 | £250,000 | 60 GAUDEN ROAD |
| 23 Jun 2023 | £187,268 | £185,000 | 72 MURCROFT ROAD |
| 24 Apr 2023 | £214,813 | £212,500 | 11 GAUDEN ROAD |
| 20 Apr 2023 | £125,855 | £124,500 | 50 WYCHBURY ROAD |
| 24 Feb 2023 | £167,387 | £167,500 | 40 MURCROFT ROAD |
This house has a floor area of 85 sq meters or 916 sq feet when measured on 29 Apr 2009. Using an estimated price of £166,748 means this house is valued at £1,958 per sq meter (£181 per sq foot).
The average size of a house on GAUDEN ROAD is 87 sq meters (939 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Mayfair |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mayfair |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Powlers Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Powlers Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gauden Road |