£161,825
This estimated value is based upon the latest sale price for the house of £59,000 on 2 Aug 2002. 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
More crime details
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| Price Paid | Date |
|---|---|
| £59,000 | 2 Aug 2002 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 878 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 August 2002 the House Price Index for WEST MIDLANDS was 54.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 174.280%.Applying this 174.280% change to the original purchase price of £59,000 results in an estimated price of approximately £161,825.
| 2 Aug 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 148.6 | 174.280 % | £59,000 | £102,825 | £161,825 |
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 | 222.122 % | £131,052 | £190,052 |
| 3 Month Average | 183.880 % | £108,489 | £167,489 |
| 6 Month Average | 155.526 % | £91,760 | £150,760 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2023 | £182,207 | £180,000 | 50 SHORT HEATH ROAD |
| 12 Apr 2023 | £245,139 | £242,500 | 23 BALMORAL ROAD |
| 10 Aug 2022 | £172,536 | £173,000 | 46 SHORT HEATH ROAD |
| 27 May 2022 | £81,536 | £80,000 | FLAT 3 LECANVEY, 132 SUMMER ROAD |
| 14 Apr 2022 | £113,278 | £110,000 | 195 SUMMER ROAD |
This house has a floor area of 81 sq meters or 878 sq feet when measured on 21 Jan 2009. Using an estimated price of £161,825 means this house is valued at £1,983 per sq meter (£184 per sq foot).
The average size of a house on MARSH LANE is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Unable to prosecute suspect | On or near Marsh Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Marsh Close |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Marsh Close |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Marsh Close |
| Mar 2024 | Burglary | Under investigation | On or near Marsh Close |