7, MARNEL DRIVE, WOLVERHAMPTON, WV3 7JQ - £155,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 MARNEL DRIVE is a terraced house, which could now be worth an estimated £248,375. It was last sold for £155,000 in September 2007, which was around 34% above the average September 2007 terraced price in the Wolverhampton local authority area.

7 MARNEL DRIVE Sold Prices

Land registry data shows three sales for 7 MARNEL DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Wolverhampton local authority area for the corresponding sale date. One of the three 7 MARNEL DRIVE sales was for above the average price, whilst two were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2007 21 SEP	£155,000	£115,267	34% above HPI
2005 7 JAN	£85,000	£92,293	8% below HPI
2003 30 APR	£63,000	£65,754	4% below HPI

What might 7 MARNEL DRIVE be worth now?

7 MARNEL DRIVE might now be worth an estimated £248,375.

This is based on house price inflation of 60.2%, between September 2007 and April 2026, for terraced houses, in the Wolverhampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60.2% inflationary increase is applied to the most recent sale price for 7 MARNEL DRIVE of £155,000 on 21st September 2007. For the value to have increased from £155,000 to £248,375 over the nineteen years and five months to April 2026, the following assumptions must hold true:

• The value of 7 MARNEL DRIVE has moved in line with the HPI for terraced houses in the Wolverhampton local authority area.
• The September 2007 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MARNEL DRIVE has not materially changed since September 2007.

Where is 7 MARNEL DRIVE?

7 MARNEL DRIVE is located in WOLVERHAMPTON, in the WV3 postcode district.