£395,387
This estimated value is based upon the latest sale price for the house of £324,000 on 31 May 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £324,000 | 31 May 2019 |
| £274,950 | 18 Dec 2015 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 May 2019 the House Price Index for WEST MIDLANDS was 120.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.033%.Applying this 22.033% change to the original purchase price of £324,000 results in an estimated price of approximately £395,387.
| 31 May 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 146.7 | 22.033 % | £324,000 | £71,387 | £395,387 |
The Postcode Pricing Model uses changes in average sales price within the CV3 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 | 105.532 % | £341,922 | £665,922 |
| 3 Month Average | 11.873 % | £38,467 | £362,467 |
| 6 Month Average | 7.342 % | £23,788 | £347,788 |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 3 Dec 2015.
The average size of a house on MARJORIE WAY is 102 sq meters (1,104 sq feet).
This house is the largest in the street with a floor area of 118 sq meters (1,270 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Joseph Levy Walk |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Marjorie Way |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gwendolyn Drive |
| Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near Gwendolyn Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Amelia Crescent |