£231,499
This estimated value is based upon the latest sale price for the house of £180,250 on 14 Jul 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Lydiates Close
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| Price Paid | Date |
|---|---|
| £180,250 | 14 Jul 2017 |
| £166,000 | 30 Apr 2015 |
| £72,000 | 6 Jul 2001 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 July 2017 the House Price Index for WEST MIDLANDS was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £180,250 results in an estimated price of approximately £231,499.
| 14 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £180,250 | £51,249 | £231,499 |
The Postcode Pricing Model uses changes in average sales price within the DY3 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 | 37.864 % | £68,250 | £248,500 |
| 3 Month Average | 40.258 % | £72,565 | £252,815 |
| 6 Month Average | 35.609 % | £64,184 | £244,434 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £236,368 | £231,000 | 6 LYDIATES CLOSE |
| 19 Oct 2023 | £276,275 | £270,000 | 2 COPPICE CLOSE |
| 15 Jun 2023 | £316,339 | £310,000 | 1 COPPICE CLOSE |
| 15 Jun 2023 | £341,851 | £335,000 | 5 BROWNSWALL ROAD |
| 20 Jun 2022 | £192,106 | £188,000 | 4 SOUTH VIEW ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 9 Mar 2015. Using an estimated price of £231,500 means this house is valued at £2,893 per sq meter (£268 per sq foot).
The average size of a house on BROWNSWALL ROAD is 92 sq meters (991 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lydiates Close |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lydiates Close |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Lydiates Close |
| May 2024 | Vehicle crime | Under investigation | On or near South View Road |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Western Avenue |