£84,202
This estimated value is based upon the latest sale price for the house of £22,000 on 14 Apr 2000. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £22,000 | 14 Apr 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 April 2000 the House Price Index for WEST MIDLANDS was 39.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 282.739%.Applying this 282.739% change to the original purchase price of £22,000 results in an estimated price of approximately £84,202.
| 14 Apr 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.1 | 149.7 | 282.739 % | £22,000 | £62,202 | £84,202 |
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 | 286.344 % | £62,995 | £84,995 |
| 3 Month Average | 251.826 % | £55,401 | £77,401 |
| 6 Month Average | 275.363 % | £60,579 | £82,579 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £242,450 | £235,000 | 13 CASTLECROFT ROAD |
| 18 Sep 2023 | £163,607 | £160,000 | 118 CLARENCE ROAD |
| 24 Mar 2023 | £254,246 | £250,000 | 131 BUNKERS HILL LANE |
| 23 Mar 2023 | £153,056 | £150,500 | 10 PORTWAY ROAD |
| 17 Feb 2023 | £181,210 | £180,000 | 123 BUNKERS HILL LANE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 26 May 2017. Using an estimated price of £84,203 means this house is valued at £1,220 per sq meter (£113 per sq foot).
The average size of a house on LAMBAH CLOSE is 89 sq meters (966 sq feet).
This house is the smallest in the street with a floor area of 69 sq meters (742 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lambah Close |
| Apr 2024 | Anti-social behaviour | On or near Lambah Close | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lambah Close |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Lambah Close |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Lambah Close |