£134,864
This estimated value is based upon the latest sale price for the house of £80,000 on 30 May 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £80,000 | 30 May 2013 |
| £33,000 | 23 Mar 2001 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2013 the House Price Index for WEST MIDLANDS was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.581%.Applying this 68.581% change to the original purchase price of £80,000 results in an estimated price of approximately £134,864.
| 30 May 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 149.7 | 68.581 % | £80,000 | £54,864 | £134,864 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | 217.512 % | £174,009 | £254,009 |
| 3 Month Average | 54.070 % | £43,256 | £123,256 |
| 6 Month Average | 62.214 % | £49,771 | £129,771 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £120,000 | £120,000 | 134 LEA ROAD |
| 12 Dec 2023 | £24,967 | £24,200 | 89 BURLEIGH ROAD |
| 15 Sep 2023 | £158,494 | £155,000 | 46 BURLEIGH ROAD |
| 3 Feb 2023 | £271,816 | £270,000 | 150 LEA ROAD |
| 27 Jan 2023 | £134,359 | £134,000 | 19 BURLEIGH ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 12 Dec 2014. Using an estimated price of £134,865 means this house is valued at £1,605 per sq meter (£149 per sq foot).
The average size of a house on BURLEIGH ROAD is 80 sq meters (865 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burleigh Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burleigh Road |
| Jul 2024 | Anti-social behaviour | On or near Norfolk Road | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Norfolk Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norfolk Road |