£505,119
This estimated value is based upon the latest sale price for the house of £500,000 on 24 Jun 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £500,000 | 24 Jun 2022 |
| £367,500 | 4 Dec 2015 |
| £355,000 | 25 Oct 2013 |
| £100,000 | 1 Jul 1999 |
| Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 2022 the House Price Index for WEST MIDLANDS was 146.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.024%.Applying this 1.024% change to the original purchase price of £500,000 results in an estimated price of approximately £505,119.
| 24 Jun 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.0 | 1.024 % | £500,000 | £5,119 | £505,119 |
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 | -40.981 % | £-204,903 | £295,096 |
| 3 Month Average | -24.343 % | £-121,715 | £378,284 |
| 6 Month Average | -12.137 % | £-60,685 | £439,314 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Apr 2024 | £75,000 | £75,000 | 33A THORNHILL ROAD |
| 17 Mar 2023 | £50,272 | £50,000 | FLAT 5 RICHMOND COURT THORNHILL ROAD |
| 21 Feb 2023 | £318,494 | £320,000 | 6 BRIERY ROAD |
| 15 Jul 2022 | £334,548 | £335,000 | 51 BRIERY ROAD |
| 24 Jun 2022 | £505,119 | £500,000 | 16 MEADOWBROOK ROAD |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 11 Jun 2013. Using an estimated price of £505,119 means this house is valued at £3,769 per sq meter (£350 per sq foot).
The average size of a house on MEADOWBROOK ROAD is 97 sq meters (1,046 sq feet).
This house is the largest in the street with a floor area of 134 sq meters (1,442 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Thornhill Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Thornhill Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Thornhill Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Thornhill Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Thornhill Road |