£206,369
This estimated value is based upon the latest sale price for the house of £140,000 on 30 Mar 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£140,000 | 30 Mar 2015 |
Semi-Detached |
Freehold |
Floor Area: 72 sq meters or 775 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 2015 the House Price Index for WEST MIDLANDS was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £140,000 results in an estimated price of approximately £206,369.
30 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.8 | 148.6 | 47.407 % | £140,000 | £66,369 | £206,369 |
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 | 33.382 % | £46,735 | £186,735 |
3 Month Average | 42.416 % | £59,382 | £199,382 |
6 Month Average | 49.921 % | £69,889 | £209,889 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Jun 2023 | £212,575 | £210,000 | 81 MARSHAM ROAD |
14 Apr 2023 | £207,231 | £205,000 | 6 MARSHAM ROAD |
22 Nov 2022 | £239,104 | £242,000 | 48 MARSHAM ROAD |
17 Jun 2022 | £223,154 | £220,000 | 131 MARSHAM ROAD |
8 Feb 2022 | £230,713 | £220,000 | 114 MARSHAM ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 21 May 2014. Using an estimated price of £206,369 means this house is valued at £2,866 per sq meter (£266 per sq foot).
The average size of a house on MARSHAM ROAD is 74 sq meters (805 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marsham Road |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadfoot Avenue |
Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Meadfoot Avenue |
Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Meadfoot Avenue |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Meadfoot Avenue |