£221,085
This estimated value is based upon the latest sale price for the house of £60,000 on 4 Aug 2000. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£60,000 | 4 Aug 2000 |
£50,000 | 13 Nov 1996 |
Detached |
Freehold |
Floor Area: 143 sq meters or 1,539 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 2000 the House Price Index for WEST MIDLANDS was 40.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 268.477%.Applying this 268.477% change to the original purchase price of £60,000 results in an estimated price of approximately £221,085.
4 Aug 2000 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.2 | 148.0 | 268.477 % | £60,000 | £161,085 | £221,085 |
The Postcode Pricing Model uses changes in average sales price within the B66 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 | 34.601 % | £20,760 | £80,760 |
3 Month Average | 184.198 % | £110,519 | £170,519 |
6 Month Average | 280.075 % | £168,044 | £228,044 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Mar 2024 | £210,712 | £210,000 | 4 WALNUT DRIVE |
11 Aug 2023 | £241,468 | £240,000 | 187 WINDMILL LANE |
24 May 2022 | £746,091 | £735,000 | 32 THOMAS STREET |
30 Sep 2021 | £225,381 | £210,000 | 1B WINDMILL CRESCENT |
28 Sep 2021 | £220,015 | £205,000 | 14 WINDMILL PRECINCT |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 14 Aug 2014. Using an estimated price of £221,086 means this house is valued at £1,546 per sq meter (£143 per sq foot).
The average size of a house on THOMAS STREET is 116 sq meters (1,252 sq feet).
This house is the largest in the street with a floor area of 143 sq meters (1,539 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Thomas Street |
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Thomas Crescent |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near High Park Close |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near High Park Close |
Jan 2024 | Other theft | Unable to prosecute suspect | On or near Beech Way |