£237,796
This estimated value is based upon the latest sale price for the house of £188,000 on 14 Jun 2017. 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 Gibbins Road
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| Price Paid | Date |
|---|---|
| £188,000 | 14 Jun 2017 |
| £152,000 | 20 Jan 2006 |
| £68,950 | 21 Aug 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 812 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 2017 the House Price Index for WEST MIDLANDS was 116.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 26.487%.Applying this 26.487% change to the original purchase price of £188,000 results in an estimated price of approximately £237,796.
| 14 Jun 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 146.7 | 26.487 % | £188,000 | £49,796 | £237,796 |
The Postcode Pricing Model uses changes in average sales price within the B29 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 | 58.661 % | £110,282 | £298,282 |
| 3 Month Average | 31.852 % | £59,881 | £247,881 |
| 6 Month Average | 32.675 % | £61,428 | £249,428 |
This house has a floor area of 75 sq meters or 812 sq feet when measured on 10 Apr 2009.
The average size of a house on GIBBINS ROAD is 90 sq meters (970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Gibbins Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Gibbins Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Goss Croft |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Goss Croft |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Fladbury Crescent |