£298,493
This estimated value is based upon the latest sale price for the house of £277,000 on 17 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £277,000 | 17 Sep 2021 |
| £250,000 | 9 Feb 2018 |
| £162,000 | 1 Jun 2004 |
| £98,500 | 31 Mar 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 54 sq meters or 581 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 September 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £277,000 results in an estimated price of approximately £298,493.
| 17 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £277,000 | £21,493 | £298,493 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | -7.541 % | £-20,888 | £256,111 |
| 3 Month Average | -26.767 % | £-74,144 | £202,855 |
| 6 Month Average | -32.314 % | £-89,509 | £187,490 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £521,670 | £515,000 | 24 CHIPSTONE CLOSE |
| 9 Aug 2023 | £524,589 | £520,000 | 28 CHIPSTONE CLOSE |
| 16 Jun 2023 | £440,334 | £435,000 | 1 SADDLERS MEWS |
| 6 Jun 2023 | £382,635 | £378,000 | 41 WITHAM CROFT |
| 30 Jun 2022 | £385,447 | £380,000 | 28 WITHAM CROFT |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 4 May 2012. Using an estimated price of £298,493 means this house is valued at £5,527 per sq meter (£513 per sq foot).
The average size of a house on GILMORTON CLOSE is 67 sq meters (728 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Kilsby Grove |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Winthorpe Drive |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Witley Farm Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Chelthorn Way |
| Jan 2024 | Anti-social behaviour | On or near Walton Croft |