£191,923
This estimated value is based upon the latest sale price for the house of £190,000 on 14 Jul 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £190,000 | 14 Jul 2022 |
| £127,000 | 22 Dec 2016 |
| £73,660 | 22 Dec 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 59 sq meters or 635 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 July 2022 the House Price Index for WEST MIDLANDS was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £190,000 results in an estimated price of approximately £191,923.
| 14 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £190,000 | £1,923 | £191,923 |
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 | -21.984 % | £-41,769 | £148,230 |
| 3 Month Average | 1.605 % | £3,048 | £193,048 |
| 6 Month Average | -1.423 % | £-2,704 | £187,295 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £304,681 | £300,000 | 4 MARJORIE WAY |
| 8 Nov 2023 | £287,293 | £280,000 | 2 RIVERSLEA ROAD |
| 6 Oct 2023 | £465,574 | £455,000 | 46 RIVERSLEA ROAD |
| 29 Jul 2022 | £414,150 | £410,000 | 19 LILA AVENUE |
| 14 Jul 2022 | £191,923 | £190,000 | 61 MARJORIE WAY |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 18 Apr 2013. Using an estimated price of £191,923 means this house is valued at £3,252 per sq meter (£302 per sq foot).
The average size of a house on MARJORIE WAY is 102 sq meters (1,104 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Marjorie Way | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Marjorie Way |
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Marjorie Way |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Marjorie Way |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Marjorie Way |