£479,511
This estimated value is based upon the latest sale price for the house of £355,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £355,000 | 31 Mar 2016 |
| £345,000 | 31 May 2013 |
| Detached |
| Freehold |
| Floor Area: 149 sq meters or 1,603 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 March 2016 the House Price Index for WEST MIDLANDS was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £355,000 results in an estimated price of approximately £479,511.
| 31 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £355,000 | £124,511 | £479,511 |
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 | -4.521 % | £-16,048 | £338,951 |
| 3 Month Average | 33.036 % | £117,278 | £472,278 |
| 6 Month Average | 58.235 % | £206,734 | £561,734 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £282,471 | £280,000 | 28 TEMPLE MEADOWS ROAD |
| 11 Jul 2023 | £288,888 | £285,000 | 32 TEMPLE MEADOWS ROAD |
| 7 Jul 2023 | £197,660 | £195,000 | 11 MARNHAM ROAD |
| 3 Jul 2023 | £202,729 | £200,000 | 65 TEMPLE MEADOWS ROAD |
| 16 May 2022 | £290,473 | £285,000 | 16 KYNGSTON ROAD |
This house has a floor area of 149 sq meters or 1,603 sq feet when measured on 9 Jun 2015. Using an estimated price of £479,512 means this house is valued at £3,218 per sq meter (£298 per sq foot).
The average size of a house on MARNHAM ROAD is 113 sq meters (1,224 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Marnham Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Marnham Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Marnham Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mellish Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Vale Street |