£137,877
This estimated value is based upon the latest sale price for the house of £106,000 on 11 Nov 2016. 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 Gorsebrook Road
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £106,000 | 11 Nov 2016 |
| £49,950 | 18 Aug 1995 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 November 2016 the House Price Index for WEST MIDLANDS was 112.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 30.073%.Applying this 30.073% change to the original purchase price of £106,000 results in an estimated price of approximately £137,877.
| 11 Nov 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 146.7 | 30.073 % | £106,000 | £31,877 | £137,877 |
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 | 118.443 % | £125,549 | £231,549 |
| 3 Month Average | 57.792 % | £61,259 | £167,259 |
| 6 Month Average | 38.055 % | £40,338 | £146,338 |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 4 Aug 2016.
The average size of a house on GORSEBROOK ROAD is 87 sq meters (945 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Investigation complete; no suspect identified | On or near Gorsebrook Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Gorsebrook Road |
| Mar 2024 | Burglary | Under investigation | On or near Gorsebrook Road |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Gorsebrook Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gorsebrook Road |