£110,577
This estimated value is based upon the latest sale price for the house of £64,000 on 22 Jan 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £64,000 | 22 Jan 2010 |
| £37,000 | 12 Apr 2002 |
| £30,000 | 26 Mar 2001 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 37 sq meters or 398 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 January 2010 the House Price Index for WEST MIDLANDS was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.777%.Applying this 72.777% change to the original purchase price of £64,000 results in an estimated price of approximately £110,577.
| 22 Jan 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.777 % | £64,000 | £46,577 | £110,577 |
The Postcode Pricing Model uses changes in average sales price within the WV9 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 | -49.339 % | £-31,576 | £32,423 |
| 3 Month Average | 27.352 % | £17,505 | £81,505 |
| 6 Month Average | 50.535 % | £32,342 | £96,342 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £221,495 | £217,500 | 8 TEBWORTH CLOSE |
| 11 Aug 2023 | £242,371 | £238,000 | 3 MARHOLM CLOSE |
| 3 Feb 2023 | £110,740 | £110,000 | 24 MARHOLM CLOSE |
| 7 Sep 2022 | £194,870 | £195,000 | 12 TIFFANY LANE |
| 24 Jun 2022 | £121,088 | £118,500 | 15 MARHOLM CLOSE |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 21 Sep 2018. Using an estimated price of £110,578 means this house is valued at £2,988 per sq meter (£277 per sq foot).
The average size of a house on MARHOLM CLOSE is 47 sq meters (513 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Tiffany Lane | |
| Jun 2024 | Anti-social behaviour | On or near Tiffany Lane | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pagham Close |
| Jul 2024 | Anti-social behaviour | On or near Pagham Close | |
| May 2024 | Public order | Unable to prosecute suspect | On or near Pagham Close |