£414,326
This estimated value is based upon the latest sale price for the house of £248,750 on 28 Jun 2013. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £248,750 | 28 Jun 2013 |
| £169,950 | 25 Oct 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 sq feet |
This model uses changes in the Official Land Registry House Price Index for WORCESTERSHIRE to estimate the market value.
When this house was purchased in June 2013 the House Price Index for WORCESTERSHIRE was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £248,750 results in an estimated price of approximately £414,326.
| 28 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 148.6 | 66.563 % | £248,750 | £165,576 | £414,326 |
The Postcode Pricing Model uses changes in average sales price within the B38 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 | 22.744 % | £56,575 | £305,325 |
| 3 Month Average | 84.453 % | £210,077 | £458,827 |
| 6 Month Average | 96.701 % | £240,542 | £489,292 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £761,271 | £750,000 | 1 GRIMPITS LANE |
| 17 Nov 2023 | £890,179 | £877,000 | VALE FARM BELL GREEN LANE |
| 27 Jul 2023 | £143,937 | £142,000 | 36 RED HILL GROVE |
| 28 Nov 2022 | £514,765 | £521,000 | 4 FORHILL HOUSE LEA END LANE |
| 28 Jun 2022 | £725,249 | £715,000 | OAK TREE BARN LEA END LANE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 6 Mar 2015. Using an estimated price of £414,326 means this house is valued at £3,983 per sq meter (£370 per sq foot).
The average size of a house on LEA END LANE is 108 sq meters (1,172 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lea End Lane |
| Feb 2024 | Anti-social behaviour | On or near Lea End Lane | |
| Feb 2024 | Anti-social behaviour | On or near Lea End Lane | |
| Feb 2024 | Anti-social behaviour | On or near Lea End Lane | |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lea End Lane |