£1,250,931
This estimated value is based upon the latest sale price for the house of £825,000 on 4 Sep 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£825,000 | 4 Sep 2014 |
Semi-Detached |
Freehold |
Floor Area: 195 sq meters or 2,100 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 2014 the House Price Index for WEST MIDLANDS was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £825,000 results in an estimated price of approximately £1,250,931.
4 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.7 | 149.7 | 51.628 % | £825,000 | £425,931 | £1,250,931 |
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 | -6.196 % | £-51,113 | £773,886 |
3 Month Average | 35.306 % | £291,276 | £1,116,276 |
6 Month Average | 38.162 % | £314,839 | £1,139,839 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £635,013 | £615,500 | 4 PINFOLD ROAD |
31 Mar 2023 | £219,668 | £216,000 | FLAT 23 DARLEY MEAD COURT HAMPTON LANE |
6 Jan 2023 | £198,029 | £197,500 | FLAT 21 DARLEY MEAD COURT HAMPTON LANE |
25 Nov 2022 | £522,557 | £525,000 | 16 YEW TREE LANE |
31 May 2022 | £195,082 | £190,000 | FLAT 24 DARLEY MEAD COURT HAMPTON LANE |
This house has a floor area of 195 sq meters or 2,100 sq feet when measured on 11 Oct 2008. Using an estimated price of £1,250,931 means this house is valued at £6,411 per sq meter (£595 per sq foot).
The average size of a house on MARSH LANE is 163 sq meters (1,755 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
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 |
Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Heronfield Way |
Nov 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pinfold Road |