£416,157
This estimated value is based upon the latest sale price for the house of £247,500 on 26 Feb 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Gillity Close
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| Price Paid | Date |
|---|---|
| £247,500 | 26 Feb 2010 |
| Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,316 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 February 2010 the House Price Index for WEST MIDLANDS was 87.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.145%.Applying this 68.145% change to the original purchase price of £247,500 results in an estimated price of approximately £416,157.
| 26 Feb 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 146.7 | 68.145 % | £247,500 | £168,657 | £416,157 |
The Postcode Pricing Model uses changes in average sales price within the WS5 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 | 29.295 % | £72,505 | £320,005 |
| 3 Month Average | 45.808 % | £113,374 | £360,874 |
| 6 Month Average | 37.127 % | £91,889 | £339,389 |
This house has a floor area of 122 sq meters or 1,316 sq feet when measured on 6 Aug 2009.
The average size of a house on GILLITY CLOSE is 199 sq meters (2,147 sq feet).
This house is the smallest in the street with a floor area of 122 sq meters (1,316 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Gillity Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Edinburgh Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Edinburgh Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Edinburgh Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Gloucester Road |