£93,303
This estimated value is based upon the latest sale price for the house of £67,000 on 18 Nov 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £67,000 | 18 Nov 2015 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 November 2015 the House Price Index for WEST MIDLANDS was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £67,000 results in an estimated price of approximately £93,303.
| 18 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £67,000 | £26,303 | £93,303 |
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 | -10.687 % | £-7,160 | £59,839 |
| 3 Month Average | 35.023 % | £23,465 | £90,465 |
| 6 Month Average | 60.834 % | £40,758 | £107,758 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £203,005 | £200,000 | 174 CANTERBURY ROAD |
| 4 Aug 2023 | £192,686 | £191,000 | 170 CANTERBURY ROAD |
| 28 Jul 2023 | £189,551 | £187,000 | 45 MARSH LANE |
| 16 Jun 2023 | £219,661 | £217,000 | 85 CANTERBURY ROAD |
| 21 Apr 2023 | £242,612 | £240,000 | 4 STONELEA CLOSE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 13 Feb 2016. Using an estimated price of £93,303 means this house is valued at £1,196 per sq meter (£111 per sq foot).
The average size of a house on MARSH LANE is 75 sq meters (817 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Canterbury Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Caldwell Street |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Caldwell Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Caldwell Street |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Caldwell Street |