£205,056
This estimated value is based upon the latest sale price for the house of £169,000 on 20 Mar 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £169,000 | 20 Mar 2020 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2020 the House Price Index for WEST MIDLANDS was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £169,000 results in an estimated price of approximately £205,056.
| 20 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £169,000 | £36,056 | £205,056 |
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 | 41.656 % | £70,398 | £239,398 |
| 3 Month Average | 30.762 % | £51,987 | £220,987 |
| 6 Month Average | 25.158 % | £42,517 | £211,517 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £165,072 | £160,000 | 6 PATSHULL GROVE |
| 13 Jun 2023 | £215,315 | £211,000 | 124 MARSH LANE |
| 28 Oct 2022 | £89,700 | £90,000 | 2A WITNEY GROVE |
| 5 Sep 2022 | £182,878 | £183,000 | 162 MARSH LANE |
| 22 Jun 2022 | £164,517 | £161,000 | 15 WITNEY GROVE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 19 Jun 2019. Using an estimated price of £205,057 means this house is valued at £3,106 per sq meter (£288 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 | Vehicle crime | Under investigation | On or near Watson Road |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Watson Road |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Watson Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Witney Grove |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Wragby Close |