£172,477
This estimated value is based upon the latest sale price for the house of £59,950 on 22 May 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £59,950 | 22 May 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 791 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 May 2002 the House Price Index for WEST MIDLANDS was 51.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 187.701%.Applying this 187.701% change to the original purchase price of £59,950 results in an estimated price of approximately £172,477.
| 22 May 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 146.7 | 187.701 % | £59,950 | £112,527 | £172,477 |
The Postcode Pricing Model uses changes in average sales price within the B32 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 | 80.281 % | £48,128 | £108,078 |
| 3 Month Average | 140.618 % | £84,300 | £144,250 |
| 6 Month Average | 164.723 % | £98,751 | £158,701 |
This house has a floor area of 73 sq meters or 791 sq feet when measured on 13 Nov 2009.
The average size of a house on GORSY ROAD is 115 sq meters (1,241 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Brookmans Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Brookmans Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gorsy Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gorsy Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gorsy Road |