£204,385
This estimated value is based upon the latest sale price for the house of £120,000 on 22 Sep 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,000 | 22 Sep 2006 |
| £119,950 | 24 Jun 2005 |
| £83,750 | 5 Sep 2003 |
| £44,950 | 10 Mar 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 September 2006 the House Price Index for WEST MIDLANDS was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.321%.Applying this 70.321% change to the original purchase price of £120,000 results in an estimated price of approximately £204,385.
| 22 Sep 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.321 % | £120,000 | £84,385 | £204,385 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 47.316 % | £56,779 | £176,779 |
| 3 Month Average | 25.603 % | £30,723 | £150,723 |
| 6 Month Average | 46.739 % | £56,086 | £176,086 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £225,888 | £223,000 | 14 RED LEASOWES ROAD |
| 16 Jun 2023 | £237,881 | £235,000 | 17 RED LEASOWES ROAD |
| 27 May 2022 | £377,106 | £370,000 | 39 QUARRY LANE |
| 10 May 2022 | £203,841 | £200,000 | 18 RED LEASOWES ROAD |
| 28 Jan 2022 | £118,396 | £112,500 | FLAT 2 HAGLEY COURT, 226 HAGLEY ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 14 Aug 2020. Using an estimated price of £204,385 means this house is valued at £3,930 per sq meter (£365 per sq foot).
The average size of a house on HAGLEY ROAD is 92 sq meters (999 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Red Leasowes Road |
| Dec 2023 | Other crime | Unable to prosecute suspect | On or near Red Leasowes Road |
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |