£196,468
This estimated value is based upon the latest sale price for the house of £115,000 on 28 Jun 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£115,000 | 28 Jun 2010 |
Terraced |
Freehold |
Floor Area: 92 sq meters or 998 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 June 2010 the House Price Index for WEST MIDLANDS was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.842%.Applying this 70.842% change to the original purchase price of £115,000 results in an estimated price of approximately £196,468.
28 Jun 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 149.7 | 70.842 % | £115,000 | £81,468 | £196,468 |
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 | 109.634 % | £126,078 | £241,078 |
3 Month Average | 69.411 % | £79,822 | £194,822 |
6 Month Average | 71.142 % | £81,812 | £196,812 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Oct 2023 | £245,578 | £240,000 | 163 HIGHTERS HEATH LANE |
12 Sep 2022 | £244,836 | £245,000 | 108 GORLESTON ROAD |
30 Jun 2022 | £199,259 | £195,000 | 87 HIGHTERS ROAD |
24 Jun 2022 | £127,730 | £125,000 | 17 HIGHTERS CLOSE |
1 Jun 2022 | £120,577 | £118,000 | 36 HIGHTERS CLOSE |
This house has a floor area of 92 sq meters or 998 sq feet when measured on 11 Aug 2009. Using an estimated price of £196,469 means this house is valued at £2,118 per sq meter (£196 per sq foot).
The average size of a house on GORLESTON ROAD is 80 sq meters (871 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Other crime | Unable to prosecute suspect | On or near Gorleston Road |
Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Gorleston Road |
Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Gorleston Road |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gorleston Road |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gorleston Road |