£121,401
This estimated value is based upon the latest sale price for the house of £105,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Marlbrook Close
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| Price Paid | Date |
|---|---|
| £105,000 | 18 Dec 2020 |
| £90,500 | 21 May 2004 |
| £51,950 | 15 Dec 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 419 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 December 2020 the House Price Index for WEST MIDLANDS was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £105,000 results in an estimated price of approximately £121,401.
| 18 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £105,000 | £16,401 | £121,401 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | -3.476 % | £-3,649 | £101,350 |
| 3 Month Average | 18.649 % | £19,581 | £124,581 |
| 6 Month Average | 4.376 % | £4,595 | £109,595 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £280,051 | £275,000 | 873 OLD LODE LANE |
| 12 Jun 2023 | £96,943 | £95,000 | FLAT 21 BARONS COURT, 998 OLD LODE LANE |
| 9 Jun 2023 | £153,067 | £150,000 | 26 MARLBROOK CLOSE |
| 4 Nov 2022 | £497,673 | £500,000 | 996 OLD LODE LANE |
| 1 Jul 2022 | £95,962 | £95,000 | FLAT 16 BARONS COURT, 998 OLD LODE LANE |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 12 Mar 2020. Using an estimated price of £121,402 means this house is valued at £3,112 per sq meter (£289 per sq foot).
The average size of a house on OLD LODE LANE is 86 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Marlbrook Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Marlbrook Close |
| Oct 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |
| Oct 2024 | Anti-social behaviour | On or near Supermarket | |
| Oct 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |