£358,253
This estimated value is based upon the latest sale price for the house of £290,000 on 31 Jan 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £290,000 | 31 Jan 2019 |
| 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 January 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £290,000 results in an estimated price of approximately £358,253.
| 31 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £290,000 | £68,253 | £358,253 |
The Postcode Pricing Model uses changes in average sales price within the DY3 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 | 56.532 % | £163,941 | £453,941 |
| 3 Month Average | 33.120 % | £96,049 | £386,049 |
| 6 Month Average | 26.949 % | £78,151 | £368,151 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2023 | £273,683 | £270,000 | 1 BROWNSWALL ROAD |
| 15 Jun 2023 | £339,108 | £335,000 | 5 BROWNSWALL ROAD |
| 21 Apr 2023 | £227,449 | £225,000 | 62 BROWNSWALL ROAD |
| 20 Jun 2022 | £190,695 | £188,000 | 4 SOUTH VIEW ROAD |
| 29 Oct 2021 | £291,004 | £263,000 | 8 SOUTH VIEW ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 8 Sep 2017. Using an estimated price of £358,253 means this house is valued at £4,025 per sq meter (£373 per sq foot).
The average size of a house on GOSPEL END ROAD is 118 sq meters (1,279 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Gospel End Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coppice Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Coppice Close |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Western Avenue |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Western Avenue |