£210,258
This estimated value is based upon the latest sale price for the house of £145,000 on 31 Jul 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Leamore Lane
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| Price Paid | Date |
|---|---|
| £145,000 | 31 Jul 2015 |
| Terraced |
| Freehold |
| Floor Area: 137 sq meters or 1,474 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 July 2015 the House Price Index for WEST MIDLANDS was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £145,000 results in an estimated price of approximately £210,258.
| 31 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £145,000 | £65,258 | £210,258 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | -0.984 % | £-1,426 | £143,573 |
| 3 Month Average | 29.272 % | £42,443 | £187,443 |
| 6 Month Average | 50.933 % | £73,853 | £218,853 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £243,745 | £240,000 | 7 WATER REED GROVE |
| 3 Nov 2023 | £166,219 | £162,000 | 63 DARWIN ROAD |
| 16 Jun 2023 | £188,783 | £185,000 | 64 WATER REED GROVE |
| 9 Jun 2023 | £173,476 | £170,000 | 7 DARWIN PLACE |
| 8 Jul 2022 | £60,607 | £60,000 | 180 WATER REED GROVE |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 4 Aug 2021. Using an estimated price of £210,259 means this house is valued at £1,534 per sq meter (£142 per sq foot).
The average size of a house on LEAMORE LANE is 91 sq meters (985 sq feet).
This house is the largest in the street with a floor area of 137 sq meters (1,474 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Leamore Lane |
| Jul 2024 | Anti-social behaviour | On or near Leamore Lane | |
| Jul 2024 | Burglary | Under investigation | On or near Leamore Lane |
| Jul 2024 | Anti-social behaviour | On or near Leamore Lane | |
| Jul 2024 | Anti-social behaviour | On or near Leamore Lane |