£129,394
This estimated value is based upon the latest sale price for the house of £130,000 on 25 Nov 2022. 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 Gravelly Gardens
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| Price Paid | Date |
|---|---|
| £130,000 | 25 Nov 2022 |
| £92,000 | 15 Dec 2017 |
| £114,400 | 18 Dec 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 2022 the House Price Index for WEST MIDLANDS was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £130,000 results in an estimated price of approximately £129,394.
| 25 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 149.7 | -0.465 % | £130,000 | £-605 | £129,394 |
The Postcode Pricing Model uses changes in average sales price within the B23 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 | 33.407 % | £43,428 | £173,428 |
| 3 Month Average | -4.530 % | £-5,889 | £124,110 |
| 6 Month Average | -3.059 % | £-3,977 | £126,022 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £127,296 | £125,000 | APARTMENT 11 GOOSEMOOR HOUSE, 55 GOOSEMOOR LANE |
| 30 Mar 2023 | £127,123 | £125,000 | APARTMENT 14 GOOSEMOOR HOUSE, 55 GOOSEMOOR LANE |
| 25 Nov 2022 | £129,395 | £130,000 | APARTMENT 8 GOOSEMOOR HOUSE, 55 GOOSEMOOR LANE |
| 18 Nov 2022 | £284,669 | £286,000 | 1 GRAVELLY GARDENS |
| 29 Sep 2022 | £119,920 | £120,000 | APARTMENT 9 GOOSEMOOR HOUSE, 55 GOOSEMOOR LANE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 12 Jun 2021. Using an estimated price of £129,395 means this house is valued at £2,352 per sq meter (£218 per sq foot).
The average size of a house on GOOSEMOOR LANE is 88 sq meters (947 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Gravelly Gardens |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Gravelly Gardens |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Amber Court |
| Aug 2024 | Anti-social behaviour | On or near Somerton Drive | |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Somerton Drive |