£143,540
This estimated value is based upon the latest sale price for the house of £120,000 on 18 Sep 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Marsh Close
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| Price Paid | Date |
|---|---|
| £120,000 | 18 Sep 2020 |
| £59,000 | 14 Jun 2010 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 754 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 September 2020 the House Price Index for WEST MIDLANDS was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £120,000 results in an estimated price of approximately £143,540.
| 18 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £120,000 | £23,540 | £143,540 |
The Postcode Pricing Model uses changes in average sales price within the B23 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 | 44.064 % | £52,876 | £172,876 |
| 3 Month Average | 21.554 % | £25,865 | £145,865 |
| 6 Month Average | 16.720 % | £20,064 | £140,064 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £96,482 | £95,000 | FLAT 2 LECANVEY, 132 SUMMER ROAD |
| 27 Mar 2024 | £157,419 | £155,000 | 143 SUMMER ROAD |
| 28 Jun 2023 | £183,681 | £180,000 | 50 SHORT HEATH ROAD |
| 10 Aug 2022 | £173,813 | £173,000 | 46 SHORT HEATH ROAD |
| 27 May 2022 | £82,140 | £80,000 | FLAT 3 LECANVEY, 132 SUMMER ROAD |
This house has a floor area of 70 sq meters or 754 sq feet when measured on 28 Sep 2009. Using an estimated price of £143,541 means this house is valued at £2,047 per sq meter (£190 per sq foot).
The average size of a house on MARSH LANE is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Unable to prosecute suspect | On or near Marsh Close |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Marsh Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marsh Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marsh Close |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Marsh Close |