£256,296
This estimated value is based upon the latest sale price for the house of £150,000 on 22 Jun 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £150,000 | 22 Jun 2012 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 837 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 2012 the House Price Index for WEST MIDLANDS was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.865%.Applying this 70.865% change to the original purchase price of £150,000 results in an estimated price of approximately £256,296.
| 22 Jun 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 149.7 | 70.865 % | £150,000 | £106,296 | £256,296 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | 119.491 % | £179,236 | £329,236 |
| 3 Month Average | 48.388 % | £72,582 | £222,582 |
| 6 Month Average | 52.451 % | £78,676 | £228,676 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £269,339 | £267,000 | 71 TEMPLE MEADOWS ROAD |
| 21 Aug 2023 | £285,143 | £280,000 | 28 TEMPLE MEADOWS ROAD |
| 16 May 2022 | £292,623 | £285,000 | 16 KYNGSTON ROAD |
| 31 Mar 2022 | £393,563 | £377,000 | 22 MARNHAM ROAD |
| 30 Sep 2021 | £401,661 | £370,000 | 18 MARNHAM ROAD |
This house has a floor area of 77 sq meters or 837 sq feet when measured on 7 Feb 2011. Using an estimated price of £256,297 means this house is valued at £3,296 per sq meter (£306 per sq foot).
The average size of a house on MARNHAM ROAD is 113 sq meters (1,224 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Public order | Unable to prosecute suspect | On or near Marnham Road |
| Apr 2024 | Other crime | Unable to prosecute suspect | On or near Marnham Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bassett Crescent |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vale Street |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vale Street |