£331,975
This estimated value is based upon the latest sale price for the house of £320,000 on 27 Apr 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £320,000 | 27 Apr 2022 |
| £215,000 | 20 Apr 2018 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 April 2022 the House Price Index for WEST MIDLANDS was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £320,000 results in an estimated price of approximately £331,975.
| 27 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £320,000 | £11,975 | £331,975 |
The Postcode Pricing Model uses changes in average sales price within the DY8 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 | 4.770 % | £15,264 | £335,264 |
| 3 Month Average | 14.682 % | £46,981 | £366,981 |
| 6 Month Average | 14.704 % | £47,053 | £367,053 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jan 2023 | £240,643 | £240,000 | 29 WENTWORTH ROAD |
| 28 Apr 2022 | £318,489 | £307,000 | 33 GERALD ROAD |
| 27 Apr 2022 | £331,975 | £320,000 | 6A GERALD ROAD |
| 25 Feb 2022 | £364,478 | £345,000 | 2 KINGSWAY |
| 18 Feb 2022 | £362,893 | £343,500 | 24 VICARAGE ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 23 Nov 2021. Using an estimated price of £331,975 means this house is valued at £4,149 per sq meter (£385 per sq foot).
The average size of a house on GERALD ROAD is 85 sq meters (923 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gerald Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Wentworth Road |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Wentworth Road |
| Sep 2024 | Other theft | Under investigation | On or near Firmstone Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Apley Road |