£456,171
This estimated value is based upon the latest sale price for the house of £354,500 on 2 May 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £354,500 | 2 May 2017 |
| Detached |
| Freehold |
| Floor Area: 173 sq meters or 1,862 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 2017 the House Price Index for WEST MIDLANDS was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £354,500 results in an estimated price of approximately £456,171.
| 2 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £354,500 | £101,671 | £456,171 |
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 | -53.846 % | £-190,882 | £163,617 |
| 3 Month Average | 12.651 % | £44,847 | £399,347 |
| 6 Month Average | 5.427 % | £19,238 | £373,738 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Feb 2023 | £363,755 | £364,000 | 4 ASH HILL |
| 8 Aug 2022 | £349,060 | £350,000 | 116 LINDEN LEA |
| 8 Oct 2021 | £354,073 | £320,000 | 92 LINDEN LEA |
| 14 Jun 2021 | £360,503 | £336,000 | 112 LINDEN LEA |
| 18 Dec 2020 | £542,868 | £473,000 | 80 COMPTON ROAD WEST |
This house has a floor area of 173 sq meters or 1,862 sq feet when measured on 2 Nov 2016. Using an estimated price of £456,172 means this house is valued at £2,636 per sq meter (£244 per sq foot).
The average size of a house on LINDEN LEA is 127 sq meters (1,371 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Ash Hill |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Havisham Drive |
| Apr 2024 | Other crime | Under investigation | On or near Havisham Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Havisham Drive |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Havisham Drive |