£183,948
This estimated value is based upon the latest sale price for the house of £150,000 on 31 Oct 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £150,000 | 31 Oct 2019 |
| Semi-Detached |
| Leasehold |
| Floor Area: 91 sq meters or 979 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 October 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £150,000 results in an estimated price of approximately £183,948.
| 31 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £150,000 | £33,948 | £183,948 |
The Postcode Pricing Model uses changes in average sales price within the B20 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 | 61.489 % | £92,234 | £242,234 |
| 3 Month Average | -11.811 % | £-17,716 | £132,283 |
| 6 Month Average | 26.438 % | £39,656 | £189,656 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jul 2023 | £166,237 | £164,000 | 15 LEA HILL ROAD |
| 7 Jul 2023 | £60,819 | £60,000 | 189 WELLINGTON ROAD |
| 17 Mar 2023 | £151,427 | £150,000 | 9 HILL GROVE |
| 12 Oct 2021 | £149,375 | £135,000 | 99 WELLINGTON ROAD |
| 29 Sep 2021 | £237,070 | £220,000 | 25 LEA HILL ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 27 Jul 2019. Using an estimated price of £183,948 means this house is valued at £2,021 per sq meter (£187 per sq foot).
The average size of a house on LEA HILL ROAD is 121 sq meters (1,307 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lea Hill Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hill Grove |
| Mar 2024 | Other theft | Under investigation | On or near Hill Grove |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Hill Grove |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Grove |