£148,133
This estimated value is based upon the latest sale price for the house of £148,232 on 21 Sep 2022. 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 Gillott Road
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| Price Paid | Date |
|---|---|
| £148,232 | 21 Sep 2022 |
| £270,000 | 21 Aug 2019 |
| £160,000 | 9 Aug 2013 |
| Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 September 2022 the House Price Index for WEST MIDLANDS was 149.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £148,232 results in an estimated price of approximately £148,133.
| 21 Sep 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 149.7 | -0.067 % | £148,232 | £-98 | £148,133 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | -1.131 % | £-1,675 | £146,556 |
| 3 Month Average | 2.868 % | £4,250 | £152,482 |
| 6 Month Average | 11.103 % | £16,458 | £164,690 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £139,161 | £136,000 | APARTMENT 5 ST. JAMES'S COURT, 54 WHEATSHEAF ROAD |
| 16 Feb 2023 | £281,883 | £280,000 | 10 HALLEWELL ROAD |
| 5 Jan 2023 | £426,139 | £425,000 | 33 HALLEWELL ROAD |
| 4 Nov 2022 | £318,511 | £320,000 | 238 GILLOTT ROAD |
| 21 Sep 2022 | £148,133 | £148,232 | 251 GILLOTT ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 29 Jan 2019. Using an estimated price of £148,133 means this house is valued at £1,543 per sq meter (£143 per sq foot).
The average size of a house on GILLOTT ROAD is 125 sq meters (1,355 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gillott Road |
| Sep 2024 | Burglary | Under investigation | On or near Gillott Road |
| Jul 2024 | Other crime | Under investigation | On or near Gillott Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gillott Road |
| Jul 2024 | Other theft | Under investigation | On or near Gillott Road |