£148,325
This estimated value is based upon the latest sale price for the house of £120,000 on 26 Sep 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,000 | 26 Sep 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 September 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £120,000 results in an estimated price of approximately £148,325.
| 26 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £120,000 | £28,325 | £148,325 |
The Postcode Pricing Model uses changes in average sales price within the DY6 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 | 46.326 % | £55,591 | £175,591 |
| 3 Month Average | 36.982 % | £44,378 | £164,378 |
| 6 Month Average | 31.299 % | £37,558 | £157,558 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £195,000 | £195,000 | 29 WRENS AVENUE |
| 5 Mar 2024 | £223,433 | £220,000 | 79 NANAIMO WAY |
| 24 Nov 2023 | £230,860 | £225,000 | 117 NANAIMO WAY |
| 15 Nov 2023 | £169,297 | £165,000 | 47 MARLEY ROAD |
| 21 Aug 2023 | £112,020 | £110,000 | 1 WRENS AVENUE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 29 Mar 2019. Using an estimated price of £148,326 means this house is valued at £2,213 per sq meter (£205 per sq foot).
The average size of a house on MARLEY ROAD is 81 sq meters (879 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Marley Road |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Marley Road |
| Sep 2024 | Vehicle crime | Awaiting court outcome | On or near Dingle Road |
| Jul 2024 | Anti-social behaviour | On or near Nanaimo Way | |
| Jul 2024 | Anti-social behaviour | On or near Nanaimo Way |