£762,763
This estimated value is based upon the latest sale price for the house of £500,000 on 7 Aug 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £500,000 | 7 Aug 2014 |
| Detached |
| Freehold |
| Floor Area: 153 sq meters or 1,646 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 August 2014 the House Price Index for WEST MIDLANDS was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £500,000 results in an estimated price of approximately £762,763.
| 7 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £500,000 | £262,763 | £762,763 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | 1.736 % | £8,678 | £508,678 |
| 3 Month Average | 31.305 % | £156,522 | £656,522 |
| 6 Month Average | 43.343 % | £216,715 | £716,715 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £405,310 | £398,000 | 22 AVENBURY DRIVE |
| 31 Mar 2023 | £219,668 | £216,000 | FLAT 23 DARLEY MEAD COURT HAMPTON LANE |
| 23 Jan 2023 | £888,374 | £886,000 | 71 MARSH LANE |
| 6 Jan 2023 | £198,029 | £197,500 | FLAT 21 DARLEY MEAD COURT HAMPTON LANE |
| 31 May 2022 | £195,082 | £190,000 | FLAT 24 DARLEY MEAD COURT HAMPTON LANE |
This house has a floor area of 153 sq meters or 1,646 sq feet when measured on 12 Feb 2014. Using an estimated price of £762,764 means this house is valued at £4,985 per sq meter (£463 per sq foot).
The average size of a house on MARSH LANE is 163 sq meters (1,755 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Unable to prosecute suspect | On or near Avenbury Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Avenbury Drive |
| Nov 2024 | Theft from the person | Under investigation | On or near Oakland Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakland Close |
| Aug 2024 | Public order | Local resolution | On or near Oakland Close |