£351,281
This estimated value is based upon the latest sale price for the house of £325,000 on 17 Jun 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Heathfield Road
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| Price Paid | Date |
|---|---|
| £325,000 | 17 Jun 2021 |
| £210,000 | 3 Nov 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 June 2021 the House Price Index for WEST MIDLANDS was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £325,000 results in an estimated price of approximately £351,281.
| 17 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £325,000 | £26,281 | £351,281 |
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 | -6.624 % | £-21,526 | £303,473 |
| 3 Month Average | -6.634 % | £-21,560 | £303,439 |
| 6 Month Average | -0.669 % | £-2,173 | £322,826 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £360,000 | £360,000 | 12 THORNHILL ROAD |
| 26 Apr 2024 | £267,321 | £265,000 | 6 BRACKENFIELD ROAD |
| 9 Apr 2024 | £75,657 | £75,000 | 33A THORNHILL ROAD |
| 17 Mar 2023 | £50,849 | £50,000 | FLAT 5 RICHMOND COURT THORNHILL ROAD |
| 24 Jun 2022 | £510,921 | £500,000 | 16 MEADOWBROOK ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 11 Sep 2017. Using an estimated price of £351,282 means this house is valued at £4,446 per sq meter (£413 per sq foot).
The average size of a house on THORNHILL ROAD is 77 sq meters (833 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Heathfield Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Heathfield Road |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Heathfield Road |
| Sep 2024 | Anti-social behaviour | On or near Thornhill Road | |
| Sep 2024 | Anti-social behaviour | On or near Thornhill Road |