£172,973
This estimated value is based upon the latest sale price for the house of £140,000 on 29 Nov 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Gladys Road
More crime details
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| Price Paid | Date |
|---|---|
| £140,000 | 29 Nov 2019 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 November 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £140,000 results in an estimated price of approximately £172,973.
| 29 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £140,000 | £32,973 | £172,973 |
The Postcode Pricing Model uses changes in average sales price within the B67 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 | 25.020 % | £35,028 | £175,028 |
| 3 Month Average | 28.775 % | £40,285 | £180,285 |
| 6 Month Average | 23.246 % | £32,544 | £172,544 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2024 | £140,000 | £140,000 | 39 THIMBLEMILL ROAD |
| 29 Nov 2023 | £184,688 | £180,000 | 19 GLADYS ROAD |
| 21 Jan 2022 | £174,933 | £165,000 | 85 ETHEL STREET |
| 24 Jun 2021 | £159,968 | £148,000 | 66 ETHEL STREET |
| 31 Mar 2021 | £164,278 | £146,500 | 82 ETHEL STREET |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 5 Jun 2019. Using an estimated price of £172,973 means this house is valued at £2,620 per sq meter (£243 per sq foot).
The average size of a house on GLADYS ROAD is 71 sq meters (771 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Gladys Road |
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gladys Road |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Gladys Road |
| Nov 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rawlings Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rawlings Road |