£172,973
This estimated value is based upon the latest sale price for the house of £140,000 on 7 Nov 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £140,000 | 7 Nov 2019 |
| Semi-Detached |
| 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 November 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £140,000 results in an estimated price of approximately £172,973.
| 7 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £140,000 | £32,973 | £172,973 |
The Postcode Pricing Model uses changes in average sales price within the WV1 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 | 65.683 % | £91,956 | £231,956 |
| 3 Month Average | 36.048 % | £50,467 | £190,467 |
| 6 Month Average | 20.574 % | £28,803 | £168,803 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £137,107 | £135,000 | 26 HARGREAVES STREET |
| 6 Apr 2023 | £142,668 | £140,000 | 66 STOWHEATH LANE |
| 1 Mar 2023 | £64,578 | £63,500 | 16 LIANA GARDENS |
| 1 Jun 2022 | £112,403 | £110,000 | 12 HARGREAVES STREET |
| 22 Apr 2022 | £124,491 | £120,000 | 8 BEDFORD STREET |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 8 Aug 2012. Using an estimated price of £172,973 means this house is valued at £1,943 per sq meter (£180 per sq foot).
The average size of a house on GOSPORT CLOSE is 106 sq meters (1,143 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gosport Close |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Gosport Close |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Bedford Street |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bedford Street |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Bedford Street |