8, MARSDEN CLOSE, SOLIHULL, B92 7JR - £125,000

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.

8 MARSDEN CLOSE is a midsized flat of 61m², built sometime between 1950 and 1966, which could now be worth an estimated £154,549. It was last sold for £125,000 in December 2016, which was around 17% below the average December 2016 flat price in the Solihull local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

8 MARSDEN CLOSE Sold Prices

Land registry data shows five sales for 8 MARSDEN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Solihull local authority area for the corresponding sale date. All of the five 8 MARSDEN CLOSE sales 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
2016 19 DEC	£125,000	£149,981	17% below HPI
2000 20 APR	£58,000	£59,876	3% below HPI
1998 8 JUN	£49,000	£50,149	2% below HPI
1998 27 MAR	£43,500	£49,246	12% below HPI
1997 15 MAY	£44,000	£46,953	6% below HPI

What might 8 MARSDEN CLOSE be worth now?

8 MARSDEN CLOSE might now be worth an estimated £154,549.

This is based on house price inflation of 23.6%, between December 2016 and May 2026, for flats, in the Solihull local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.6% inflationary increase is applied to the most recent sale price for 8 MARSDEN CLOSE of £125,000 on 19th December 2016. For the value to have increased from £125,000 to £154,549 over the ten years and seven months to May 2026, the following assumptions must hold true:

• The value of 8 MARSDEN CLOSE has moved in line with the HPI for flats in the Solihull local authority area.
• The December 2016 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MARSDEN CLOSE has not materially changed since December 2016.

How Large is 8 MARSDEN CLOSE?

8 MARSDEN CLOSE is 61m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 50% of flats in Solihull, based on EPC data. 45% of flats are smaller than 8 MARSDEN CLOSE, and 53% of flats are larger. Note that EPC data is not available for all properties in Solihull.

Where is 8 MARSDEN CLOSE?

8 MARSDEN CLOSE is located in SOLIHULL, in the B92 postcode district.