£7,176
This estimated value is based upon the latest sale price for the house of £7,200 on 17 Oct 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £7,200 | 17 Oct 2022 |
| £140,000 | 1 Jul 2020 |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2022 the House Price Index for WEST MIDLANDS was 150.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.333%.Applying this -0.333% change to the original purchase price of £7,200 results in an estimated price of approximately £7,176.
| 17 Oct 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 149.7 | -0.333 % | £7,200 | £-23 | £7,176 |
The Postcode Pricing Model uses changes in average sales price within the B27 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 | 123.989 % | £8,927 | £16,127 |
| 3 Month Average | 30.679 % | £2,208 | £9,408 |
| 6 Month Average | 10.309 % | £742 | £7,942 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £253,064 | £248,500 | 63 MARIE DRIVE |
| 17 Oct 2022 | £7,176 | £7,200 | 49 MARIE DRIVE |
| 30 Aug 2022 | £316,480 | £315,000 | 30 GLAISDALE ROAD |
| 25 Jul 2022 | £240,409 | £238,000 | 35 MARIE DRIVE |
| 10 Mar 2022 | £412,354 | £395,000 | 21 GLAISDALE ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 28 Sep 2017. Using an estimated price of £7,176 means this house is valued at £98 per sq meter (£9 per sq foot).
The average size of a house on MARIE DRIVE is 83 sq meters (893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Vicarage Grove |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Vicarage Grove |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Vicarage Grove |
| Sep 2024 | Vehicle crime | Unable to prosecute suspect | On or near Marie Drive |
| Aug 2024 | Other theft | Under investigation | On or near Marie Drive |