£241,212
This estimated value is based upon the latest sale price for the house of £218,000 on 22 Oct 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £218,000 | 22 Oct 2021 |
| £156,000 | 16 Jul 2007 |
| £141,000 | 15 Apr 2005 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 October 2021 the House Price Index for WEST MIDLANDS was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £218,000 results in an estimated price of approximately £241,212.
| 22 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £218,000 | £23,212 | £241,212 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | -2.968 % | £-6,470 | £211,529 |
| 3 Month Average | 2.263 % | £4,933 | £222,933 |
| 6 Month Average | 6.580 % | £14,344 | £232,344 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £312,467 | £307,000 | 56 GAVESTON ROAD |
| 26 Jun 2023 | £229,277 | £226,500 | 16 WELGARTH AVENUE |
| 24 Mar 2023 | £378,567 | £375,000 | 115 HOLLYFAST ROAD |
| 27 Jan 2023 | £308,547 | £310,000 | 54 WOODCLOSE AVENUE |
| 4 Aug 2022 | £199,463 | £200,000 | 46 GAVESTON ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 15 Jun 2021. Using an estimated price of £241,212 means this house is valued at £3,304 per sq meter (£306 per sq foot).
The average size of a house on GAVESTON ROAD is 109 sq meters (1,177 sq feet).
This house is the smallest in the street with a floor area of 73 sq meters (785 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gaveston Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welgarth Avenue |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Welgarth Avenue |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Woodclose Avenue |
| Mar 2024 | Vehicle crime | Under investigation | On or near Westhill Road |