£251,365
This estimated value is based upon the latest sale price for the house of £199,950 on 8 Dec 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £199,950 | 8 Dec 2017 |
| £160,000 | 26 Oct 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 811 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 December 2017 the House Price Index for WEST MIDLANDS was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £199,950 results in an estimated price of approximately £251,365.
| 8 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £199,950 | £51,415 | £251,365 |
The Postcode Pricing Model uses changes in average sales price within the B20 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 | 54.098 % | £108,169 | £308,119 |
| 3 Month Average | -4.661 % | £-9,319 | £190,630 |
| 6 Month Average | 42.050 % | £84,079 | £284,029 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2022 | £294,208 | £295,000 | 47 BRECON ROAD |
| 3 Aug 2022 | £162,562 | £163,000 | 18 CHURCH VALE |
| 22 Feb 2022 | £164,645 | £157,000 | 12 CHURCH VALE |
| 12 Nov 2021 | £295,794 | £273,500 | 49 WELLESBOURNE ROAD |
| 18 Dec 2020 | £120,510 | £105,000 | 4 CHURCH VALE |
This house has a floor area of 75 sq meters or 811 sq feet when measured on 22 May 2009. Using an estimated price of £251,365 means this house is valued at £3,332 per sq meter (£309 per sq foot).
The average size of a house on GIBSON ROAD is 160 sq meters (1,728 sq feet).
This house is the smallest in the street with a floor area of 75 sq meters (811 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Robbery | Under investigation | On or near Church Hill Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Hill Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Hill Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Hill Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Church Hill Road |