£124,337
This estimated value is based upon the latest sale price for the house of £68,500 on 12 Oct 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £68,500 | 12 Oct 2005 |
| £67,950 | 6 Feb 2004 |
| £43,950 | 14 Oct 2002 |
| £29,000 | 24 May 2000 |
| Terraced |
| Freehold |
| Floor Area: 38 sq meters or 409 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 2005 the House Price Index for WEST MIDLANDS was 81.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 81.515%.Applying this 81.515% change to the original purchase price of £68,500 results in an estimated price of approximately £124,337.
| 12 Oct 2005 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.0 | 81.515 % | £68,500 | £55,837 | £124,337 |
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 | 100.019 % | £68,513 | £137,013 |
| 3 Month Average | 80.053 % | £54,836 | £123,336 |
| 6 Month Average | 90.068 % | £61,696 | £130,196 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £218,831 | £217,500 | 8 TEBWORTH CLOSE |
| 11 Aug 2023 | £239,456 | £238,000 | 3 MARHOLM CLOSE |
| 3 Feb 2023 | £109,482 | £110,000 | 24 MARHOLM CLOSE |
| 7 Sep 2022 | £192,657 | £195,000 | 12 TIFFANY LANE |
| 24 Jun 2022 | £119,713 | £118,500 | 15 MARHOLM CLOSE |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 7 Jul 2018. Using an estimated price of £124,337 means this house is valued at £3,272 per sq meter (£303 per sq foot).
The average size of a house on MARHOLM CLOSE is 47 sq meters (513 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tiffany Lane |
| Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Tiffany Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newcott Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Eldridge Close |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Pagham Close |