£229,914
This estimated value is based upon the latest sale price for the house of £225,000 on 14 Jun 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £225,000 | 14 Jun 2022 |
| £134,000 | 19 Dec 2006 |
| £60,000 | 12 Aug 1999 |
| £49,000 | 31 May 1995 |
| Semi-Detached |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 2022 the House Price Index for WEST MIDLANDS was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £225,000 results in an estimated price of approximately £229,914.
| 14 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £225,000 | £4,914 | £229,914 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | -40.333 % | £-90,748 | £134,251 |
| 3 Month Average | -7.463 % | £-16,792 | £208,207 |
| 6 Month Average | 7.134 % | £16,051 | £241,051 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Oct 2023 | £153,998 | £150,500 | 505 HALESOWEN ROAD |
| 31 Mar 2023 | £119,496 | £117,500 | HADEN ARCH COURT, 103 HADEN HILL ROAD |
| 20 Jul 2022 | £252,530 | £250,000 | 535 HALESOWEN ROAD |
| 14 Jun 2022 | £229,915 | £225,000 | 12 MARQUIS DRIVE |
| 29 Apr 2022 | £262,468 | £253,000 | 90 CHATSWORTH ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 12 Jul 2021. Using an estimated price of £229,915 means this house is valued at £4,338 per sq meter (£403 per sq foot).
The average size of a house on MARQUIS DRIVE is 82 sq meters (891 sq feet).
This house is the smallest in the street with a floor area of 53 sq meters (570 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marquis Drive |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near High Clere |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near High Clere |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bishops Walk |
| May 2024 | Anti-social behaviour | On or near The Crescent |