£334,568
This estimated value is based upon the latest sale price for the house of £242,000 on 7 Jan 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £242,000 | 7 Jan 2016 |
| £211,000 | 19 Jul 2012 |
| £191,000 | 19 Feb 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 January 2016 the House Price Index for WEST MIDLANDS was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £242,000 results in an estimated price of approximately £334,568.
| 7 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £242,000 | £92,568 | £334,568 |
The Postcode Pricing Model uses changes in average sales price within the CV4 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 | -17.613 % | £-42,623 | £199,376 |
| 3 Month Average | 24.859 % | £60,158 | £302,158 |
| 6 Month Average | 23.678 % | £57,300 | £299,300 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £490,257 | £486,000 | 10 LILACVALE WAY |
| 9 Oct 2023 | £474,579 | £463,800 | 8 LILACVALE WAY |
| 30 Aug 2023 | £406,329 | £399,000 | 54 CANNON HILL ROAD |
| 31 Aug 2022 | £365,710 | £364,000 | 32 LICHEN GREEN |
| 2 Aug 2022 | £327,532 | £326,000 | 16 LICHEN GREEN |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 29 Mar 2012. Using an estimated price of £334,568 means this house is valued at £3,379 per sq meter (£313 per sq foot).
The average size of a house on LEAM GREEN is 100 sq meters (1,082 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lilacvale Way |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lilacvale Way |
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lilacvale Way |
| May 2024 | Violence and sexual offences | Under investigation | On or near Bransford Avenue |
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Bransford Avenue |