£297,928
This estimated value is based upon the latest sale price for the house of £255,000 on 22 Oct 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £255,000 | 22 Oct 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2020 the House Price Index for WEST MIDLANDS was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £255,000 results in an estimated price of approximately £297,928.
| 22 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £255,000 | £42,928 | £297,928 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | -24.917 % | £-63,539 | £191,460 |
| 3 Month Average | -1.991 % | £-5,076 | £249,923 |
| 6 Month Average | 0.592 % | £1,508 | £256,508 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Apr 2024 | £75,000 | £75,000 | 33A THORNHILL ROAD |
| 17 Mar 2023 | £50,272 | £50,000 | FLAT 5 RICHMOND COURT THORNHILL ROAD |
| 21 Feb 2023 | £318,494 | £320,000 | 6 BRIERY ROAD |
| 15 Jul 2022 | £334,548 | £335,000 | 51 BRIERY ROAD |
| 24 Jun 2022 | £505,119 | £500,000 | 16 MEADOWBROOK ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 17 Jun 2020. Using an estimated price of £297,928 means this house is valued at £4,137 per sq meter (£384 per sq foot).
The average size of a house on THORNHILL ROAD is 77 sq meters (833 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Thornhill Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Thornhill Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Thornhill Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Thornhill Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Thornhill Road |