£145,217
This estimated value is based upon the latest sale price for the house of £84,000 on 7 Oct 2011. 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 | 7 Oct 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 October 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.878%.Applying this 72.878% change to the original purchase price of £84,000 results in an estimated price of approximately £145,217.
| 7 Oct 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.878 % | £84,000 | £61,217 | £145,217 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 167.365 % | £140,586 | £224,586 |
| 3 Month Average | 98.255 % | £82,534 | £166,534 |
| 6 Month Average | 89.627 % | £75,286 | £159,286 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Feb 2023 | £162,890 | £163,000 | 3 MILTON ROAD |
| 30 Sep 2022 | £99,199 | £100,000 | 65 BUSHBURY ROAD |
| 29 Jul 2022 | £230,621 | £230,000 | 4 WIMBORNE ROAD |
| 9 Jun 2022 | £219,096 | £216,000 | 172 BUSHBURY ROAD |
| 14 Apr 2022 | £216,258 | £210,000 | 9 WIMBORNE ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 9 Dec 2019. Using an estimated price of £145,218 means this house is valued at £1,962 per sq meter (£182 per sq foot).
The average size of a house on THORNEYCROFT LANE is 99 sq meters (1,066 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Thorneycroft Lane |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Avenue |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Avenue |
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near The Avenue |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near The Avenue |