£196,525
This estimated value is based upon the latest sale price for the house of £196,000 on 17 Jan 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £196,000 | 17 Jan 2023 |
| £113,000 | 25 Aug 2006 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 January 2023 the House Price Index for WEST MIDLANDS was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £196,000 results in an estimated price of approximately £196,525.
| 17 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 149.7 | 0.268 % | £196,000 | £525 | £196,525 |
The Postcode Pricing Model uses changes in average sales price within the B42 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 | -14.393 % | £-28,210 | £167,789 |
| 3 Month Average | -11.472 % | £-22,486 | £173,513 |
| 6 Month Average | -1.072 % | £-2,101 | £193,898 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £199,734 | £198,000 | 45 HOLMESFIELD ROAD |
| 19 Apr 2024 | £224,449 | £222,500 | 33 HOLMESFIELD ROAD |
| 27 Feb 2023 | £201,345 | £200,000 | 36 HOLMESFIELD ROAD |
| 14 Feb 2023 | £231,547 | £230,000 | 152 BEECHES ROAD |
| 17 Jan 2023 | £196,525 | £196,000 | 7 THORNBRIDGE AVENUE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 20 Jan 2018. Using an estimated price of £196,525 means this house is valued at £3,275 per sq meter (£304 per sq foot).
The average size of a house on THORNBRIDGE AVENUE is 74 sq meters (804 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holmesfield Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Beeches Road |
| Aug 2024 | Public order | Offender given a caution | On or near Beeches Road |
| Oct 2024 | Other theft | Under investigation | On or near Petrol Station |
| Sep 2024 | Possession of weapons | Under investigation | On or near Petrol Station |