£355,854
This estimated value is based upon the latest sale price for the house of £217,000 on 19 Jul 2013. 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 Marlpit Rise
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| Price Paid | Date |
|---|---|
| £217,000 | 19 Jul 2013 |
| £151,500 | 12 Jul 2002 |
| Terraced |
| Freehold |
| Floor Area: 107 sq meters or 1,152 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 July 2013 the House Price Index for WEST MIDLANDS was 89.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 63.988%.Applying this 63.988% change to the original purchase price of £217,000 results in an estimated price of approximately £355,854.
| 19 Jul 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 146.7 | 63.988 % | £217,000 | £138,854 | £355,854 |
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 | 78.049 % | £169,367 | £386,367 |
| 3 Month Average | 72.869 % | £158,126 | £375,126 |
| 6 Month Average | 59.530 % | £129,179 | £346,179 |
This house has a floor area of 107 sq meters or 1,152 sq feet when measured on 15 Mar 2010.
The average size of a house on WHEATCROFT CLOSE is 94 sq meters (1,019 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marlpit Rise |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Marlpit Rise |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Slade Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Slade Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Slade Road |