£550,219
This estimated value is based upon the latest sale price for the house of £435,000 on 9 Jun 2017. 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 |
---|---|
£435,000 | 9 Jun 2017 |
£365,000 | 26 May 2006 |
£323,995 | 29 Nov 2002 |
Detached |
Freehold |
Floor Area: 200 sq meters or 2,152 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 June 2017 the House Price Index for WEST MIDLANDS was 116.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 26.487%.Applying this 26.487% change to the original purchase price of £435,000 results in an estimated price of approximately £550,219.
9 Jun 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 146.7 | 26.487 % | £435,000 | £115,219 | £550,219 |
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 | 43.858 % | £190,780 | £625,780 |
3 Month Average | 44.054 % | £191,632 | £626,632 |
6 Month Average | 34.455 % | £149,878 | £584,878 |
This house has a floor area of 200 sq meters or 2,152 sq feet when measured on 7 Jun 2016.
The average size of a house on SCARECROW LANE is 108 sq meters (1,170 sq feet).
This house is the largest in the street with a floor area of 200 sq meters (2,152 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Marlpit Rise |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marlpit Rise |
Feb 2024 | Other crime | Further investigation is not in the public interest | On or near Canwell Gate |
Feb 2024 | Burglary | Under investigation | On or near Harvest Fields Way |
Feb 2024 | Anti-social behaviour | On or near Wayside Drive |