£344,907
This estimated value is based upon the latest sale price for the house of £165,000 on 29 Mar 2004. 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 Marion Way
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| Price Paid | Date |
|---|---|
| £165,000 | 29 Mar 2004 |
| £92,650 | 14 Sep 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 2004 the House Price Index for WEST MIDLANDS was 71.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 109.035%.Applying this 109.035% change to the original purchase price of £165,000 results in an estimated price of approximately £344,907.
| 29 Mar 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 148.6 | 109.035 % | £165,000 | £179,907 | £344,907 |
The Postcode Pricing Model uses changes in average sales price within the B28 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 | -4.939 % | £-8,150 | £156,849 |
| 3 Month Average | 51.265 % | £84,587 | £249,587 |
| 6 Month Average | 80.444 % | £132,732 | £297,732 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £175,600 | £173,000 | 45 MARION WAY |
| 1 Mar 2023 | £272,568 | £270,000 | 336 SAREHOLE ROAD |
| 27 Feb 2023 | £259,825 | £260,000 | 318 SAREHOLE ROAD |
| 18 Jul 2022 | £150,405 | £150,000 | 42 MARION WAY |
| 27 May 2022 | £290,473 | £285,000 | 351 SAREHOLE ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 2 Mar 2013. Using an estimated price of £344,908 means this house is valued at £3,284 per sq meter (£305 per sq foot).
The average size of a house on SAREHOLE ROAD is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Marion Way |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Marion Way |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Robin Hood Crescent |
| Apr 2024 | Vehicle crime | Under investigation | On or near Coleside Avenue |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Coleside Avenue |