£287,966
This estimated value is based upon the latest sale price for the house of £179,000 on 11 May 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £179,000 | 11 May 2007 |
| £72,950 | 14 Nov 1997 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 May 2007 the House Price Index for WEST MIDLANDS was 93.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.875%.Applying this 60.875% change to the original purchase price of £179,000 results in an estimated price of approximately £287,966.
| 11 May 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 149.7 | 60.875 % | £179,000 | £108,966 | £287,966 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 18.151 % | £32,489 | £211,489 |
| 3 Month Average | 50.827 % | £90,980 | £269,980 |
| 6 Month Average | 49.992 % | £89,485 | £268,485 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Aug 2022 | £351,644 | £350,000 | 30 LAMBOURN ROAD |
| 22 Apr 2022 | £248,981 | £240,000 | 24 LAMBOURN ROAD |
| 4 Feb 2022 | £242,985 | £230,000 | 18 LAMBOURN ROAD |
| 14 Jan 2022 | £265,050 | £250,000 | 15 LAMBOURN ROAD |
| 30 Sep 2021 | £312,101 | £287,500 | 4 SWALE GROVE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 3 Oct 2013. Using an estimated price of £287,966 means this house is valued at £2,968 per sq meter (£275 per sq foot).
The average size of a house on SWALE GROVE is 155 sq meters (1,673 sq feet).
This house is the smallest in the street with a floor area of 97 sq meters (1,044 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lymington Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Weaver Grove |
| Jul 2024 | Public order | Under investigation | On or near Worcester Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Worcester Road |
| Jul 2024 | Shoplifting | Awaiting court outcome | On or near Petrol Station |