£177,936
This estimated value is based upon the latest sale price for the house of £132,500 on 26 May 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£132,500 | 26 May 2016 |
Semi-Detached |
Freehold |
Floor Area: 82 sq meters or 882 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 May 2016 the House Price Index for WEST MIDLANDS was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £132,500 results in an estimated price of approximately £177,936.
26 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 148.6 | 34.292 % | £132,500 | £45,436 | £177,936 |
The Postcode Pricing Model uses changes in average sales price within the B33 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 | 56.371 % | £74,691 | £207,191 |
3 Month Average | 43.443 % | £57,562 | £190,062 |
6 Month Average | 55.591 % | £73,658 | £206,158 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £170,176 | £168,000 | 77 HURSTCROFT ROAD |
8 Sep 2023 | £190,435 | £188,000 | 11 MIRFIELD ROAD |
24 Apr 2023 | £199,144 | £197,000 | 336 MEADWAY |
27 Mar 2023 | £257,425 | £255,000 | 213 KITTS GREEN ROAD |
18 Jan 2023 | £170,198 | £171,000 | 257 KITTS GREEN ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 1 Jun 2015. Using an estimated price of £177,936 means this house is valued at £2,169 per sq meter (£201 per sq foot).
The average size of a house on LEA VILLAGE is 94 sq meters (1,016 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Lea Village | |
Mar 2024 | Vehicle crime | Under investigation | On or near Lea Village |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lea Village |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lea Village |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lea Village |