£118,072
This estimated value is based upon the latest sale price for the house of £65,000 on 11 Jun 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £65,000 | 11 Jun 2009 |
| Semi-Detached |
| Leasehold |
| Floor Area: 60 sq meters or 654 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 2009 the House Price Index for WEST MIDLANDS was 80.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 81.649%.Applying this 81.649% change to the original purchase price of £65,000 results in an estimated price of approximately £118,072.
| 11 Jun 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 146.7 | 81.649 % | £65,000 | £53,072 | £118,072 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 132.291 % | £85,988 | £150,988 |
| 3 Month Average | 58.437 % | £37,984 | £102,984 |
| 6 Month Average | 64.563 % | £41,965 | £106,965 |
This house has a floor area of 60 sq meters or 654 sq feet when measured on 1 May 2009.
The average size of a house on GATIS STREET is 84 sq meters (911 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Marksbury Close |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Marksbury Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chetwood Close |
| Mar 2024 | Criminal damage and arson | Awaiting court outcome | On or near Chetwood Close |
| Jan 2024 | Drugs | Offender given a caution | On or near Hambrook Close |