£479,307
This estimated value is based upon the latest sale price for the house of £430,000 on 20 Oct 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £430,000 | 20 Oct 2021 |
| £167,000 | 23 Aug 2002 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 October 2021 the House Price Index for WEST MIDLANDS was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £430,000 results in an estimated price of approximately £479,307.
| 20 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £430,000 | £49,307 | £479,307 |
The Postcode Pricing Model uses changes in average sales price within the B75 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 | -29.098 % | £-125,119 | £304,880 |
| 3 Month Average | 5.741 % | £24,684 | £454,684 |
| 6 Month Average | 9.311 % | £40,038 | £470,038 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jun 2024 | £450,000 | £450,000 | 40 WILLMOTT ROAD |
| 28 May 2024 | £610,000 | £610,000 | 6 WILLMOTT ROAD |
| 3 Nov 2023 | £441,199 | £430,000 | 49 WILLMOTT ROAD |
| 31 May 2022 | £533,909 | £520,000 | 16 WILLMOTT ROAD |
| 14 Apr 2022 | £378,659 | £365,000 | 11 MARLPIT LANE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 19 Aug 2017. Using an estimated price of £479,308 means this house is valued at £3,994 per sq meter (£371 per sq foot).
The average size of a house on MARLPIT LANE is 84 sq meters (909 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marlpit Lane |
| Sep 2024 | Vehicle crime | Under investigation | On or near Willmott Road |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Willmott Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coburn Drive |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Coburn Drive |