£134,785
This estimated value is based upon the latest sale price for the house of £85,000 on 14 Mar 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £85,000 | 14 Mar 2014 |
| £22,000 | 6 Dec 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 March 2014 the House Price Index for WEST MIDLANDS was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £85,000 results in an estimated price of approximately £134,785.
| 14 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 149.7 | 58.571 % | £85,000 | £49,785 | £134,785 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 42.238 % | £35,902 | £120,902 |
| 3 Month Average | 64.318 % | £54,670 | £139,670 |
| 6 Month Average | 63.363 % | £53,858 | £138,858 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2024 | £135,000 | £135,000 | 164 MARSH LANE |
| 2 May 2024 | £42,500 | £42,500 | 164 CHETTON GREEN |
| 20 Oct 2023 | £235,345 | £230,000 | 152 MARSH LANE |
| 17 Aug 2023 | £183,306 | £180,000 | 107 SANDON ROAD |
| 14 Aug 2023 | £226,078 | £222,000 | 19 SANDON ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 10 Dec 2013. Using an estimated price of £134,786 means this house is valued at £1,846 per sq meter (£171 per sq foot).
The average size of a house on MARSH LANE is 89 sq meters (962 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Marsh Lane |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Marsh Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marsh Lane |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marsh Lane |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marsh Lane |