£233,229
This estimated value is based upon the latest sale price for the house of £62,950 on 23 Jun 2000. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £62,950 | 23 Jun 2000 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 June 2000 the House Price Index for WEST MIDLANDS was 39.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 270.499%.Applying this 270.499% change to the original purchase price of £62,950 results in an estimated price of approximately £233,229.
| 23 Jun 2000 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.6 | 146.7 | 270.499 % | £62,950 | £170,279 | £233,229 |
The Postcode Pricing Model uses changes in average sales price within the B30 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 | 336.159 % | £211,612 | £274,562 |
| 3 Month Average | 280.873 % | £176,809 | £239,759 |
| 6 Month Average | 256.932 % | £161,738 | £224,688 |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 11 Jun 2013.
The average size of a house on LEA HOUSE ROAD is 85 sq meters (915 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Lea House Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lea House Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near A441 |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A441 |