£264,331
This estimated value is based upon the latest sale price for the house of £230,000 on 16 Jul 2021. 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 Lee Mount
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Price Paid | Date |
---|---|
£230,000 | 16 Jul 2021 |
£230,000 | 29 Sep 2015 |
Semi-Detached |
Freehold |
Floor Area: 59 sq meters or 635 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 July 2021 the House Price Index for WEST MIDLANDS was 129.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.927%.Applying this 14.927% change to the original purchase price of £230,000 results in an estimated price of approximately £264,331.
16 Jul 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.3 | 148.6 | 14.927 % | £230,000 | £34,331 | £264,331 |
The Postcode Pricing Model uses changes in average sales price within the B15 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 | 14.316 % | £32,927 | £262,927 |
3 Month Average | -12.604 % | £-28,989 | £201,010 |
6 Month Average | -0.055 % | £-126 | £229,873 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Sep 2023 | £182,331 | £180,000 | APARTMENT 6 2 LEE BANK MIDDLEWAY |
31 Jul 2023 | £506,771 | £499,950 | 37 LEE CRESCENT |
27 Jul 2022 | £280,756 | £280,000 | APARTMENT 14 48 ALFRED KNIGHT WAY |
8 Jul 2022 | £151,408 | £151,000 | APARTMENT 8 2 LEE BANK MIDDLEWAY |
4 Jul 2022 | £147,397 | £147,000 | FLAT 10 ALFRYTH COURT, 27 LEE CRESCENT |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 26 Mar 2013. Using an estimated price of £264,331 means this house is valued at £4,480 per sq meter (£416 per sq foot).
The average size of a house on ELVETHAM ROAD is 141 sq meters (1,523 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Lee Mount |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Lee Mount |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lee Mount |
Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Lee Mount |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elvetham Road North |