£217,221
This estimated value is based upon the latest sale price for the house of £167,000 on 25 Nov 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £167,000 | 25 Nov 2016 |
| £132,500 | 15 Jun 2012 |
| Detached |
| Freehold |
| Floor Area: 59 sq meters or 638 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 November 2016 the House Price Index for WEST MIDLANDS was 112.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 30.073%.Applying this 30.073% change to the original purchase price of £167,000 results in an estimated price of approximately £217,221.
| 25 Nov 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 146.7 | 30.073 % | £167,000 | £50,221 | £217,221 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 40.485 % | £67,609 | £234,609 |
| 3 Month Average | 39.294 % | £65,621 | £232,621 |
| 6 Month Average | 50.547 % | £84,413 | £251,413 |
This house has a floor area of 59 sq meters or 638 sq feet when measured on 31 Mar 2011.
The average size of a house on MARKLIN AVENUE is 78 sq meters (848 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Marklin Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lymer Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lymer Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lymer Road |
| Feb 2024 | Possession of weapons | Awaiting court outcome | On or near Lymer Road |