£181,090
This estimated value is based upon the latest sale price for the house of £147,000 on 24 Aug 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £147,000 | 24 Aug 2018 |
| Freehold |
| Floor Area: 90 sq meters or 968 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 2018 the House Price Index for WEST MIDLANDS was 120.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.191%.Applying this 23.191% change to the original purchase price of £147,000 results in an estimated price of approximately £181,090.
| 24 Aug 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.0 | 23.191 % | £147,000 | £34,090 | £181,090 |
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 | 37.468 % | £55,077 | £202,077 |
| 3 Month Average | 20.133 % | £29,595 | £176,595 |
| 6 Month Average | 11.529 % | £16,947 | £163,947 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £201,224 | £200,000 | 10 CONISTON ROAD |
| 8 Jul 2022 | £180,756 | £181,000 | 255 MARSH LANE |
| 31 Jan 2022 | £73,371 | £70,000 | FLAT 1 50 CONISTON ROAD |
| 21 Jan 2022 | £205,439 | £196,000 | 310 MARSH LANE |
| 24 Sep 2021 | £230,747 | £215,000 | 6 PATTERDALE ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 10 May 2018. Using an estimated price of £181,091 means this house is valued at £2,012 per sq meter (£186 per sq foot).
The average size of a house on MARSH LANE is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Draycott Avenue |
| Apr 2024 | Shoplifting | Under investigation | On or near Draycott Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Draycott Avenue |
| Apr 2024 | Shoplifting | Awaiting court outcome | On or near Draycott Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Draycott Avenue |