£359,618
This estimated value is based upon the latest sale price for the house of £188,000 on 15 Oct 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£188,000 | 15 Oct 2004 |
£188,000 | 15 Oct 2004 |
£87,500 | 30 Apr 1999 |
£82,000 | 22 May 1997 |
Detached |
Freehold |
Floor Area: 118 sq meters or 1,270 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 2004 the House Price Index for WEST MIDLANDS was 78.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 91.287%.Applying this 91.287% change to the original purchase price of £188,000 results in an estimated price of approximately £359,618.
15 Oct 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.3 | 149.7 | 91.287 % | £188,000 | £171,618 | £359,618 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 108.399 % | £203,790 | £391,790 |
3 Month Average | 78.495 % | £147,570 | £335,570 |
6 Month Average | 76.941 % | £144,648 | £332,648 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £368,115 | £360,000 | 9 CANWELL GARDENS |
29 Jun 2023 | £377,617 | £370,050 | 2 RUSHBURY CLOSE |
16 Nov 2021 | £360,631 | £331,000 | 6 ACTON GROVE |
15 Nov 2021 | £379,153 | £348,000 | 5 LYDHAM CLOSE |
21 Sep 2020 | £361,842 | £302,500 | 21 HARLEY DRIVE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 15 Nov 2013. Using an estimated price of £359,619 means this house is valued at £3,047 per sq meter (£283 per sq foot).
The average size of a house on LYDHAM CLOSE is 173 sq meters (1,867 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other crime | Unable to prosecute suspect | On or near Lydham Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Canwell Gardens |
Jul 2024 | Public order | Unable to prosecute suspect | On or near Canwell Gardens |
Jul 2024 | Anti-social behaviour | On or near Canwell Gardens | |
Jun 2024 | Anti-social behaviour | On or near Canwell Gardens |