£682,586
This estimated value is based upon the latest sale price for the house of £550,000 on 19 Dec 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £550,000 | 19 Dec 2017 |
| Detached |
| Freehold |
| Floor Area: 147 sq meters or 1,582 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 2017 the House Price Index for WEST MIDLANDS was 118.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 24.107%.Applying this 24.107% change to the original purchase price of £550,000 results in an estimated price of approximately £682,586.
| 19 Dec 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 146.7 | 24.107 % | £550,000 | £132,586 | £682,586 |
The Postcode Pricing Model uses changes in average sales price within the B75 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 | 19.302 % | £106,161 | £656,161 |
| 3 Month Average | 41.487 % | £228,176 | £778,176 |
| 6 Month Average | 27.575 % | £151,663 | £701,663 |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 29 Sep 2017.
The average size of a house on LEY HILL ROAD is 116 sq meters (1,253 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Ridgewood Drive |
| Mar 2024 | Other crime | Under investigation | On or near Station Drive |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Station Drive |
| Feb 2024 | Burglary | Under investigation | On or near Devereux Road |
| Feb 2024 | Burglary | Under investigation | On or near Devereux Road |