£354,072
This estimated value is based upon the latest sale price for the house of £320,000 on 8 Oct 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £320,000 | 8 Oct 2021 |
| £211,500 | 8 Jul 2009 |
| £105,000 | 12 May 1999 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 957 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 October 2021 the House Price Index for WEST MIDLANDS was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £320,000 results in an estimated price of approximately £354,072.
| 8 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £320,000 | £34,072 | £354,072 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | -60.398 % | £-193,273 | £126,726 |
| 3 Month Average | -5.490 % | £-17,569 | £302,430 |
| 6 Month Average | -12.821 % | £-41,028 | £278,971 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2022 | £349,060 | £350,000 | 116 LINDEN LEA |
| 8 Oct 2021 | £354,073 | £320,000 | 92 LINDEN LEA |
| 21 Sep 2021 | £557,654 | £517,500 | 31 YORK AVENUE |
| 14 Jun 2021 | £360,503 | £336,000 | 112 LINDEN LEA |
| 11 Dec 2020 | £432,688 | £377,000 | 70 LINDEN LEA |
This house has a floor area of 88 sq meters or 957 sq feet when measured on 14 Oct 2008. Using an estimated price of £354,073 means this house is valued at £3,980 per sq meter (£369 per sq foot).
The average size of a house on LINDEN LEA is 127 sq meters (1,371 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Ash Hill |
| Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near York Gardens |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Horsehills Drive |
| Mar 2024 | Other crime | Under investigation | On or near York Crescent |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near York Crescent |