£170,598
This estimated value is based upon the latest sale price for the house of £105,000 on 29 Nov 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £105,000 | 29 Nov 2013 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 November 2013 the House Price Index for WEST MIDLANDS was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £105,000 results in an estimated price of approximately £170,598.
| 29 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £105,000 | £65,598 | £170,598 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | 6.550 % | £6,877 | £111,877 |
| 3 Month Average | 57.187 % | £60,046 | £165,046 |
| 6 Month Average | 86.016 % | £90,317 | £195,317 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £189,551 | £187,000 | 45 MARSH LANE |
| 16 Jun 2023 | £219,661 | £217,000 | 85 CANTERBURY ROAD |
| 21 Apr 2023 | £181,959 | £180,000 | 7 CALDWELL STREET |
| 22 Feb 2023 | £109,926 | £110,000 | 90 PRINCESS GROVE |
| 1 Feb 2023 | £216,854 | £217,000 | 37 GLASTONBURY ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 6 Jul 2012. Using an estimated price of £170,599 means this house is valued at £2,132 per sq meter (£198 per sq foot).
The average size of a house on MARSH LANE is 75 sq meters (817 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Caldwell Street |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Caldwell Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Caldwell Street |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Caldwell Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Caldwell Street |