£260,720
This estimated value is based upon the latest sale price for the house of £243,000 on 21 Jun 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £243,000 | 21 Jun 2021 |
| £155,000 | 9 Jan 2015 |
| £170,000 | 19 Jan 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £243,000 results in an estimated price of approximately £260,720.
| 21 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £243,000 | £17,720 | £260,720 |
The Postcode Pricing Model uses changes in average sales price within the DY4 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 | -19.110 % | £-46,438 | £196,561 |
| 3 Month Average | -32.863 % | £-79,857 | £163,142 |
| 6 Month Average | -20.546 % | £-49,927 | £193,072 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £192,855 | £190,000 | 31 WOOD STREET |
| 27 Sep 2023 | £98,256 | £97,000 | 52 RUGELEY CLOSE |
| 18 Aug 2023 | £80,706 | £80,000 | 32 MYTTON GROVE |
| 21 Apr 2023 | £293,156 | £290,000 | 20 WOOD STREET |
| 20 Jan 2023 | £172,189 | £173,000 | 19 FACTORY ROAD |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 12 Nov 2013. Using an estimated price of £260,721 means this house is valued at £2,154 per sq meter (£200 per sq foot).
The average size of a house on THELMA ROAD is 92 sq meters (992 sq feet).
This house is the largest in the street with a floor area of 121 sq meters (1,302 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Thelma Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Thelma Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thelma Road |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Thelma Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Thelma Road |