£170,205
This estimated value is based upon the latest sale price for the house of £138,000 on 4 Jul 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £138,000 | 4 Jul 2019 |
| £119,000 | 1 Dec 2006 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 July 2019 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £138,000 results in an estimated price of approximately £170,205.
| 4 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £138,000 | £32,205 | £170,205 |
The Postcode Pricing Model uses changes in average sales price within the B67 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 | 29.955 % | £41,337 | £179,337 |
| 3 Month Average | 0.182 % | £250 | £138,250 |
| 6 Month Average | 12.038 % | £16,612 | £154,612 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £182,705 | £180,000 | 19 GLADYS ROAD |
| 11 Aug 2023 | £191,677 | £190,000 | 15 RAWLINGS ROAD |
| 30 Jun 2023 | £179,170 | £177,000 | 77 REGINALD ROAD |
| 10 Mar 2023 | £189,283 | £187,500 | 66 REGINALD ROAD |
| 27 Jan 2023 | £209,015 | £210,000 | 109 RAWLINGS ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 31 Mar 2014. Using an estimated price of £170,206 means this house is valued at £2,578 per sq meter (£239 per sq foot).
The average size of a house on GLADYS ROAD is 71 sq meters (771 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gladys Road |
| Mar 2024 | Burglary | Under investigation | On or near Rawlings Road |
| Feb 2024 | Anti-social behaviour | On or near Rawlings Road | |
| Feb 2024 | Anti-social behaviour | On or near Rawlings Road | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rawlings Road |