£444,377
This estimated value is based upon the latest sale price for the house of £356,000 on 5 Apr 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £356,000 | 5 Apr 2018 |
| £125,000 | 8 Jul 1999 |
| Detached |
| Freehold |
| Floor Area: 151 sq meters or 1,625 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 April 2018 the House Price Index for WEST MIDLANDS was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £356,000 results in an estimated price of approximately £444,377.
| 5 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.6 | 24.825 % | £356,000 | £88,377 | £444,377 |
The Postcode Pricing Model uses changes in average sales price within the WS1 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 | -20.495 % | £-72,961 | £283,038 |
| 3 Month Average | -8.769 % | £-31,218 | £324,781 |
| 6 Month Average | 27.842 % | £99,115 | £455,115 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £296,000 | £296,000 | 1 HIGHGATE CLOSE |
| 13 Nov 2023 | £568,415 | £560,000 | 5 GORWAY GARDENS |
| 14 Jun 2023 | £528,907 | £522,500 | 9 GORWAY GARDENS |
| 19 Aug 2022 | £189,490 | £190,000 | 36 HIGHGATE DRIVE |
| 28 Jul 2022 | £511,377 | £510,000 | 19 GORWAY GARDENS |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 22 May 2017. Using an estimated price of £444,378 means this house is valued at £2,942 per sq meter (£273 per sq foot).
The average size of a house on GORWAY CLOSE is 186 sq meters (2,010 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gorway Close |
| Apr 2024 | Burglary | Under investigation | On or near Canute Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Canute Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Canute Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Canute Close |