£103,852
This estimated value is based upon the latest sale price for the house of £30,000 on 23 Apr 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £30,000 | 23 Apr 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 April 2001 the House Price Index for WEST MIDLANDS was 42.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 246.176%.Applying this 246.176% change to the original purchase price of £30,000 results in an estimated price of approximately £103,852.
| 23 Apr 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.9 | 148.6 | 246.176 % | £30,000 | £73,852 | £103,852 |
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 | 302.603 % | £90,780 | £120,780 |
| 3 Month Average | 200.392 % | £60,117 | £90,117 |
| 6 Month Average | 194.531 % | £58,359 | £88,359 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £24,631 | £24,200 | 89 BURLEIGH ROAD |
| 15 Sep 2023 | £157,007 | £155,000 | 46 BURLEIGH ROAD |
| 4 Jul 2023 | £136,842 | £135,000 | 44 BURLEIGH ROAD |
| 3 Feb 2023 | £269,818 | £270,000 | 150 LEA ROAD |
| 27 Jan 2023 | £133,372 | £134,000 | 19 BURLEIGH ROAD |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 17 Aug 2018. Using an estimated price of £103,853 means this house is valued at £2,119 per sq meter (£196 per sq foot).
The average size of a house on LEA ROAD is 111 sq meters (1,204 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Charles Wesley Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Charles Wesley Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Charles Wesley Court |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lea Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lea Road |