£153,629
This estimated value is based upon the latest sale price for the house of £130,000 on 1 Oct 2020. 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
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| Price Paid | Date |
|---|---|
| £130,000 | 1 Oct 2020 |
| £60,000 | 14 Dec 2001 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £130,000 results in an estimated price of approximately £153,629.
| 1 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £130,000 | £23,629 | £153,629 |
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 | 3.575 % | £4,647 | £134,647 |
| 3 Month Average | 16.174 % | £21,026 | £151,026 |
| 6 Month Average | 14.405 % | £18,726 | £148,726 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2024 | £140,000 | £140,000 | 39 THIMBLEMILL ROAD |
| 14 Jun 2022 | £168,604 | £165,000 | 7 THIMBLEMILL ROAD |
| 7 Jun 2022 | £173,202 | £169,500 | 17 THIMBLEMILL ROAD |
| 4 Feb 2022 | £195,445 | £185,000 | 61 THREE SHIRES OAK ROAD |
| 24 Jan 2022 | £199,847 | £188,500 | 13 THIMBLEMILL ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 25 Feb 2020. Using an estimated price of £153,630 means this house is valued at £1,995 per sq meter (£185 per sq foot).
The average size of a house on THIMBLEMILL ROAD is 84 sq meters (910 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Under investigation | On or near Gladys Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ethel Street |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Ethel Street |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ethel Street |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ethel Street |