£422,859
This estimated value is based upon the latest sale price for the house of £250,000 on 28 Dec 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £250,000 | 28 Dec 2012 |
| £155,000 | 4 Jan 2002 |
| Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,355 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 December 2012 the House Price Index for WEST MIDLANDS was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £250,000 results in an estimated price of approximately £422,859.
| 28 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 148.6 | 69.144 % | £250,000 | £172,859 | £422,859 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 49.829 % | £124,572 | £374,572 |
| 3 Month Average | 62.629 % | £156,572 | £406,572 |
| 6 Month Average | 60.014 % | £150,035 | £400,035 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £329,209 | £325,000 | 56 LEA MANOR DRIVE |
| 15 Sep 2023 | £303,885 | £300,000 | 10 VICARAGE ROAD |
| 7 Jun 2023 | £344,169 | £340,000 | 36 LEA MANOR DRIVE |
| 21 Apr 2023 | £227,449 | £225,000 | 26 VICARAGE ROAD |
| 17 Jan 2023 | £290,631 | £292,000 | 2 WHEATHILL CLOSE |
This house has a floor area of 125 sq meters or 1,355 sq feet when measured on 29 Jun 2009. Using an estimated price of £422,859 means this house is valued at £3,357 per sq meter (£311 per sq foot).
The average size of a house on LEA MANOR DRIVE is 113 sq meters (1,222 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Trimpley Gardens |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Trimpley Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Avenue |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near The Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Avenue |