£162,717
This estimated value is based upon the latest sale price for the house of £160,000 on 31 Mar 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £160,000 | 31 Mar 2023 |
| £83,500 | 28 Feb 2003 |
| £62,000 | 9 May 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 March 2023 the House Price Index for WEST MIDLANDS was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £160,000 results in an estimated price of approximately £162,717.
| 31 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £160,000 | £2,717 | £162,717 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | -23.885 % | £-38,215 | £121,784 |
| 3 Month Average | 3.765 % | £6,024 | £166,024 |
| 6 Month Average | 1.858 % | £2,973 | £162,973 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £297,553 | £290,000 | 30 OLORENSHAW ROAD |
| 3 Nov 2023 | £235,990 | £230,000 | 15 THE GLADE |
| 9 Aug 2023 | £333,006 | £327,000 | 40 ARDEN OAK ROAD |
| 12 Jun 2023 | £285,726 | £280,000 | 12 MARIAN CROFT |
| 28 Apr 2023 | £392,338 | £385,000 | 2372 COVENTRY ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 26 May 2016. Using an estimated price of £162,717 means this house is valued at £2,711 per sq meter (£251 per sq foot).
The average size of a house on GILLMAN CLOSE is 74 sq meters (796 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gillman Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Glade |
| Jun 2024 | Drugs | Local resolution | On or near The Glade |
| Jun 2024 | Public order | Under investigation | On or near The Glade |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Olorenshaw Road |