£366,910
This estimated value is based upon the latest sale price for the house of £297,000 on 28 Mar 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £297,000 | 28 Mar 2019 |
| £165,000 | 8 Dec 2010 |
| Detached |
| Freehold |
| Floor Area: 137 sq meters or 1,474 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 March 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £297,000 results in an estimated price of approximately £366,910.
| 28 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £297,000 | £69,910 | £366,910 |
The Postcode Pricing Model uses changes in average sales price within the WS4 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 | 57.220 % | £169,943 | £466,943 |
| 3 Month Average | -17.009 % | £-50,517 | £246,482 |
| 6 Month Average | 2.053 % | £6,096 | £303,096 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £138,997 | £137,500 | 3B LEIGH COURT LEIGH ROAD |
| 4 Apr 2023 | £189,541 | £187,500 | FLAT 11 MELROSE COURT, 35 MELLISH ROAD |
| 19 Aug 2022 | £126,659 | £127,000 | FLAT 12 MELROSE COURT, 35 MELLISH ROAD |
| 26 Jul 2022 | £150,405 | £150,000 | FLAT 1 MELROSE COURT, 35 MELLISH ROAD |
| 17 May 2022 | £150,333 | £147,500 | FLAT 19 MELROSE COURT, 35 MELLISH ROAD |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 15 Oct 2018. Using an estimated price of £366,910 means this house is valued at £2,678 per sq meter (£248 per sq foot).
The average size of a house on LEIGH ROAD is 144 sq meters (1,560 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Leigh Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lichfield Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lichfield Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lichfield Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lichfield Road |