£225,879
This estimated value is based upon the latest sale price for the house of £175,000 on 19 Jun 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£175,000 | 19 Jun 2017 |
£139,000 | 22 Oct 2010 |
£133,000 | 4 Apr 2005 |
£56,000 | 25 Apr 2001 |
Semi-Detached |
Freehold |
Floor Area: 81 sq meters or 880 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 2017 the House Price Index for WEST MIDLANDS was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £175,000 results in an estimated price of approximately £225,879.
19 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 149.7 | 29.074 % | £175,000 | £50,879 | £225,879 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 51.553 % | £90,217 | £265,217 |
3 Month Average | 55.755 % | £97,571 | £272,571 |
6 Month Average | 37.808 % | £66,163 | £241,163 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £248,823 | £245,000 | 21 CAMFORD GROVE |
16 Aug 2023 | £183,306 | £180,000 | 3 THRUXTON CLOSE |
14 Apr 2023 | £208,907 | £205,000 | 6 MARSHAM ROAD |
22 Nov 2022 | £240,874 | £242,000 | 48 MARSHAM ROAD |
8 Feb 2022 | £232,421 | £220,000 | 114 MARSHAM ROAD |
This house has a floor area of 81 sq meters or 880 sq feet when measured on 14 Jan 2010. Using an estimated price of £225,879 means this house is valued at £2,760 per sq meter (£256 per sq foot).
The average size of a house on MARSHAM ROAD is 74 sq meters (805 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Marsham Road | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Marsham Road |
Jul 2024 | Vehicle crime | Under investigation | On or near Marsham Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Marsham Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marsham Road |