31, THOMAS STREET, SMETHWICK, B66 3RA - £60,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

31 THOMAS STREET is a large detached house of 143m², built sometime between 1983 and 1990, which could now be worth an estimated £235,508. It was last sold for £60,000 in August 2000, which was around 25% below the average August 2000 detached price in the Sandwell local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

31 THOMAS STREET Sold Prices

Land registry data shows two sales for 31 THOMAS STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. Both of the two 31 THOMAS STREET sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2000 4 AUG	£60,000	£80,520	25% below HPI
1996 13 NOV	£50,000	£66,669	25% below HPI

31 THOMAS STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 31 THOMAS STREET sales from November 1996 and August 2000 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 1996 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2000 sale, which was also at 25% below the HPI.

What might 31 THOMAS STREET be worth now?

31 THOMAS STREET might now be worth an estimated £235,508.

This is based on house price inflation of 292.5%, between August 2000 and February 2025, for detached houses, in the Sandwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 292.5% inflationary increase is applied to the most recent sale price for 31 THOMAS STREET of £60,000 on 4th August 2000. For the value to have increased from £60,000 to £235,508 over the 25 years and six months to February 2025, the following assumptions must hold true:

• The value of 31 THOMAS STREET has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The August 2000 sale price of £60,000 represented a fair market value for the property.
• The size, condition, and specification of 31 THOMAS STREET has not materially changed since August 2000.

How Large is 31 THOMAS STREET?

31 THOMAS STREET is 143m² according to the EPC inspection conducted in August 2014. This puts it in the largest 30% of detached houses houses in Smethwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Smethwick, and where 31 THOMAS STREET lies on this distribution: 76% of detached houses houses are smaller than 31 THOMAS STREET, and 24% of houses are larger. Note that EPC data is not available for all properties in Smethwick.

31 THOMAS STREET: Plot and Title Map

31 THOMAS STREET sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 31 THOMAS STREET, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 31 THOMAS STREET). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 31 THOMAS STREET?

31 THOMAS STREET is located in SMETHWICK, in the B66 postcode district. The below map shows the position of No. 31 on THOMAS STREET.