£221,406
This estimated value is based upon the latest sale price for the house of £215,000 on 11 Apr 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £215,000 | 11 Apr 2022 |
| £67,000 | 31 Jul 1998 |
| Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 April 2022 the House Price Index for WEST MIDLANDS was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £215,000 results in an estimated price of approximately £221,406.
| 11 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £215,000 | £6,406 | £221,406 |
The Postcode Pricing Model uses changes in average sales price within the DY3 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 | 34.882 % | £74,996 | £289,996 |
| 3 Month Average | 17.858 % | £38,394 | £253,394 |
| 6 Month Average | 6.873 % | £14,777 | £229,777 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2022 | £221,407 | £215,000 | 15 MARLBOROUGH ROAD |
| 4 Feb 2022 | £159,402 | £152,000 | 8 MARLBOROUGH ROAD |
| 4 Feb 2022 | £304,121 | £290,000 | 16 ETON CLOSE |
| 17 Dec 2021 | £241,060 | £225,000 | 29 ROPER WAY |
| 10 Sep 2021 | £269,398 | £250,000 | 30 HIGH ARCAL DRIVE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 28 Oct 2021. Using an estimated price of £221,407 means this house is valued at £2,952 per sq meter (£274 per sq foot).
The average size of a house on MARLBOROUGH ROAD is 82 sq meters (885 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eton Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near High Arcal Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near High Arcal Drive |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near High Arcal Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near High Arcal Drive |