£237,586
This estimated value is based upon the latest sale price for the house of £135,000 on 22 Oct 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £135,000 | 22 Oct 2009 |
| £84,000 | 28 Jul 2003 |
| £84,000 | 28 Jul 2003 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 821 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 October 2009 the House Price Index for WEST MIDLANDS was 84.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 75.990%.Applying this 75.990% change to the original purchase price of £135,000 results in an estimated price of approximately £237,586.
| 22 Oct 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.4 | 148.6 | 75.990 % | £135,000 | £102,586 | £237,586 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 47.613 % | £64,277 | £199,277 |
| 3 Month Average | 71.448 % | £96,454 | £231,454 |
| 6 Month Average | 62.488 % | £84,358 | £219,358 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £99,236 | £97,500 | 50 WYVERN CLOSE |
| 24 Nov 2023 | £101,503 | £100,000 | 62 PEACH ROAD |
| 20 Nov 2023 | £233,456 | £230,000 | 23 MARLOWE DRIVE |
| 17 Nov 2023 | £121,803 | £120,000 | 52 WYVERN CLOSE |
| 31 Aug 2023 | £179,067 | £177,500 | 69 CASTLEBRIDGE ROAD |
This house has a floor area of 76 sq meters or 821 sq feet when measured on 21 Jan 2009. Using an estimated price of £237,587 means this house is valued at £3,112 per sq meter (£289 per sq foot).
The average size of a house on MARLOWE DRIVE is 82 sq meters (890 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Marlowe Drive |
| Mar 2024 | Public order | Under investigation | On or near Marlowe Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Marlowe Drive |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Marlowe Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Marlowe Drive |