£268,185
This estimated value is based upon the latest sale price for the house of £199,950 on 17 Aug 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£199,950 | 17 Aug 2016 |
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 August 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £199,950 results in an estimated price of approximately £268,185.
17 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.126 % | £199,950 | £68,235 | £268,185 |
The Postcode Pricing Model uses changes in average sales price within the DY3 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 | 62.144 % | £124,256 | £324,206 |
3 Month Average | 47.803 % | £95,581 | £295,531 |
6 Month Average | 50.152 % | £100,277 | £300,227 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Aug 2023 | £241,353 | £237,000 | 28 THORNLEIGH |
20 Apr 2023 | £130,440 | £128,000 | 2 THORNLEIGH |
24 Mar 2023 | £192,210 | £189,000 | 24 GIDEONS CLOSE |
28 Feb 2023 | £382,555 | £380,000 | 39 FOXLANDS DRIVE |
29 Jul 2022 | £222,732 | £220,500 | 13 CYPRESS AVENUE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 22 Oct 2015. Using an estimated price of £268,186 means this house is valued at £3,624 per sq meter (£336 per sq foot).
The average size of a house on THORNLEIGH is 80 sq meters (862 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Old Quarry Drive |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Duke Street |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Duke Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Rubens Close |
Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Rubens Close |