£125,768
This estimated value is based upon the latest sale price for the house of £84,000 on 14 Nov 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £84,000 | 14 Nov 2014 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 688 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 2014 the House Price Index for WEST MIDLANDS was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £84,000 results in an estimated price of approximately £125,768.
| 14 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £84,000 | £41,768 | £125,768 |
The Postcode Pricing Model uses changes in average sales price within the B19 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 | 17.647 % | £14,823 | £98,823 |
| 3 Month Average | 102.483 % | £86,085 | £170,085 |
| 6 Month Average | 81.120 % | £68,141 | £152,141 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £131,954 | £130,000 | 49 VENTNOR AVENUE |
| 9 Jun 2023 | £34,670 | £34,250 | 165 WHEELER STREET |
| 7 Jun 2023 | £192,330 | £190,000 | 8 GUNMAKERS WALK |
| 20 Apr 2023 | £136,469 | £135,000 | 1 OLD POSTWAY |
| 17 Jan 2023 | £149,297 | £150,000 | 56 LOZELLS ROAD |
This house has a floor area of 63 sq meters or 688 sq feet when measured on 29 Feb 2012. Using an estimated price of £125,768 means this house is valued at £1,967 per sq meter (£182 per sq foot).
The average size of a house on GUNMAKERS WALK is 81 sq meters (878 sq feet).
This house is the smallest in the street with a floor area of 63 sq meters (688 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gunmakers Walk |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gunmakers Walk |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Gunmakers Walk |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Gunmakers Walk |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gerrards Drive |