£194,915
This estimated value is based upon the latest sale price for the house of £156,000 on 16 Feb 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £156,000 | 16 Feb 2018 |
| £110,000 | 21 Jul 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 February 2018 the House Price Index for WEST MIDLANDS was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £156,000 results in an estimated price of approximately £194,915.
| 16 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.6 | 24.946 % | £156,000 | £38,915 | £194,915 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | -15.293 % | £-23,856 | £132,143 |
| 3 Month Average | -1.430 % | £-2,230 | £153,769 |
| 6 Month Average | 17.310 % | £27,003 | £183,003 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £225,888 | £223,000 | 14 RED LEASOWES ROAD |
| 16 Jun 2023 | £237,881 | £235,000 | 17 RED LEASOWES ROAD |
| 12 May 2022 | £114,660 | £112,500 | FLAT 2 LEASOWES COURT RED LEASOWES ROAD |
| 10 May 2022 | £203,841 | £200,000 | 18 RED LEASOWES ROAD |
| 14 Apr 2022 | £1,390,229 | £1,350,000 | CO-OP FOOD, 218 HAGLEY ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 12 Sep 2017. Using an estimated price of £194,916 means this house is valued at £2,707 per sq meter (£251 per sq foot).
The average size of a house on RED LEASOWES ROAD is 58 sq meters (628 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Supermarket |
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Supermarket |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |