£230,374
This estimated value is based upon the latest sale price for the house of £80,000 on 21 Jun 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £80,000 | 21 Jun 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 June 2002 the House Price Index for WEST MIDLANDS was 52.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 187.968%.Applying this 187.968% change to the original purchase price of £80,000 results in an estimated price of approximately £230,374.
| 21 Jun 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 52.0 | 149.7 | 187.968 % | £80,000 | £150,374 | £230,374 |
The Postcode Pricing Model uses changes in average sales price within the B75 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 | 137.506 % | £110,004 | £190,004 |
| 3 Month Average | 134.552 % | £107,641 | £187,641 |
| 6 Month Average | 142.931 % | £114,344 | £194,344 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £174,974 | £171,000 | 30 MARLPIT LANE |
| 28 Apr 2023 | £315,909 | £310,000 | 46 SLADE ROAD |
| 6 Feb 2023 | £177,184 | £176,000 | 16A MARLPIT LANE |
| 29 Apr 2022 | £425,343 | £410,000 | 20 SLADE ROAD |
| 14 Apr 2022 | £378,659 | £365,000 | 11 MARLPIT LANE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 9 Aug 2021. Using an estimated price of £230,374 means this house is valued at £1,985 per sq meter (£184 per sq foot).
The average size of a house on SLADE ROAD is 106 sq meters (1,148 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marlpit Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Mordaunt Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mordaunt Drive |
| Sep 2024 | Vehicle crime | Under investigation | On or near Willmott Road |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Willmott Road |