£226,555
This estimated value is based upon the latest sale price for the house of £220,000 on 11 Apr 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £220,000 | 11 Apr 2022 |
| £149,500 | 19 Aug 2011 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 April 2022 the House Price Index for WEST MIDLANDS was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £220,000 results in an estimated price of approximately £226,555.
| 11 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £220,000 | £6,555 | £226,555 |
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 | -27.772 % | £-61,098 | £158,901 |
| 3 Month Average | -15.259 % | £-33,569 | £186,430 |
| 6 Month Average | -2.439 % | £-5,365 | £214,634 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £164,434 | £162,000 | 63 DARWIN ROAD |
| 3 Aug 2023 | £169,483 | £168,000 | 27 REMINGTON ROAD |
| 16 Jun 2023 | £187,268 | £185,000 | 64 WATER REED GROVE |
| 9 Jun 2023 | £172,084 | £170,000 | 7 DARWIN PLACE |
| 17 Mar 2023 | £121,141 | £120,000 | 47 LEAMORE LANE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 30 Sep 2021. Using an estimated price of £226,556 means this house is valued at £2,097 per sq meter (£194 per sq foot).
The average size of a house on LEAMORE LANE is 91 sq meters (985 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Leamore Lane |
| Mar 2024 | Burglary | Under investigation | On or near Water Reed Grove |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Water Reed Grove |
| Feb 2024 | Other theft | Under investigation | On or near Water Reed Grove |
| Dec 2023 | Other theft | Under investigation | On or near Water Reed Grove |