£186,987
This estimated value is based upon the latest sale price for the house of £103,000 on 21 Dec 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £103,000 | 21 Dec 2005 |
| £91,000 | 26 Mar 2004 |
| £49,500 | 14 Nov 2000 |
| £48,500 | 9 Apr 1999 |
| £43,500 | 9 Feb 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 817 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 December 2005 the House Price Index for WEST MIDLANDS was 82.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.541%.Applying this 81.541% change to the original purchase price of £103,000 results in an estimated price of approximately £186,987.
| 21 Dec 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 149.7 | 81.541 % | £103,000 | £83,987 | £186,987 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 77.781 % | £80,114 | £183,114 |
| 3 Month Average | 73.288 % | £75,486 | £178,486 |
| 6 Month Average | 63.312 % | £65,210 | £168,210 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2024 | £215,000 | £215,000 | 16 LANGSTONE ROAD |
| 28 Mar 2024 | £152,341 | £150,000 | 58 GORLESTON ROAD |
| 8 Jun 2023 | £153,067 | £150,000 | 56 LANGSTONE ROAD |
| 6 Jul 2022 | £227,277 | £225,000 | 126 DAISY FARM ROAD |
| 31 May 2022 | £246,420 | £240,000 | 72 GORLESTON ROAD |
This house has a floor area of 75 sq meters or 817 sq feet when measured on 24 Mar 2010. Using an estimated price of £186,987 means this house is valued at £2,462 per sq meter (£228 per sq foot).
The average size of a house on GORLESTON ROAD is 80 sq meters (871 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other crime | Unable to prosecute suspect | On or near Gorleston Grove |
| Aug 2024 | Other crime | Unable to prosecute suspect | On or near Gorleston Grove |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Gorleston Road |
| Sep 2024 | Other crime | Under investigation | On or near Gorleston Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Gorleston Road |