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House features, location, and investment performance
12 Lea Close is a freehold semi-detached house. If the property has typical features for the street, its size would be expected to be between 180 and 250 sq ft, based on the £395 to £518 average cost per sq ft for semi-detached houses on Lea Close.
The property was a reasonable investment for its previous owner, who made a £3,750 profit between May 1997 and July 2006.
12, Lea Close, Alcester, Warwickshire B49 6AP
Sold House Prices
Timeline of sold house prices
Since 12 Lea Close's first recorded sale in 1997, the house's price has risen by £44,750 or 3% per year.
During the same period, the price of an average home on Lea Close increased by £164,000 or 15% per year, and the average UK home increased by 14% per year.
- Current valuation£96,000
Semi-detached house freehold+ 75%
- Sold July 2006£55,000
Semi-detached house freehold+ 7%
- Sold May 1997£51,250
Semi-detached house freehold
Comparison of local and national house prices
House Prices in Lea Close start at £96,000 for the cheapest property on the street, rising to £255,000 for the most expensive.
12 Lea Close is worth 53% less than the £206,000 average property on Lea Close and 68% less than the £300,000 average home in England.
Property valuation details and commonly asked questions
- How is the property valuation estimated?
- Where are the figures sourced?
- What should I do if the details are incorrect?
How is the property valuation estimated?
Every month, our Automated Valuation Model (AVM) determines property values.
Our AVM collects data from reputable sources, like HM Land Registry, and uses the data to estimate what each property is worth.
In our tests, we have found that the sale price of a property falls within our AVM's confidence range in most cases. However, there are scenarios where the valuations are not accurate. For example, if significant alterations have been made to a property recently or if a property is unique with few comparables.
For more details on the workings of our AVM, including its strengths, limitations, and how it measures up to traditional valuation methods, please refer to our guide 'How We Value Property'.
We try to make the valuations as accurate as possible, but they are estimates. When buying or selling property, you should speak to a qualified professional.
Where are the figures sourced?
Sold house prices, and data on property types/tenures, are sourced from the HM Land Registry.
There is a time delay in property sales appearing in HM Land Registry, which can be up to three months.
What should I do if the details are incorrect?
We generate all our property valuations programmatically. They cannot be manually edited based on new information, such as evidence of redevelopment.
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