£115,690
This estimated value is based upon the latest sale price for the house of £79,500 on 27 Mar 2015. 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 Teal Drive
More crime details
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| Price Paid | Date |
|---|---|
| £79,500 | 27 Mar 2015 |
| £85,000 | 15 Feb 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 March 2015 the House Price Index for WEST MIDLANDS was 100.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 45.522%.Applying this 45.522% change to the original purchase price of £79,500 results in an estimated price of approximately £115,690.
| 27 Mar 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 146.7 | 45.522 % | £79,500 | £36,190 | £115,690 |
The Postcode Pricing Model uses changes in average sales price within the B23 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 | 128.153 % | £101,881 | £181,381 |
| 3 Month Average | 63.916 % | £50,813 | £130,313 |
| 6 Month Average | 48.997 % | £38,952 | £118,452 |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 5 Oct 2013.
The average size of a house on MARDEN WALK is 68 sq meters (735 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Teal Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Teal Drive |
| Mar 2024 | Robbery | Investigation complete; no suspect identified | On or near Drake Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Drake Road |
| Mar 2024 | Other crime | Under investigation | On or near Drake Road |