£292,465
This estimated value is based upon the latest sale price for the house of £235,000 on 25 Mar 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £235,000 | 25 Mar 2019 |
| £200,000 | 11 Mar 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 March 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £235,000 results in an estimated price of approximately £292,465.
| 25 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £235,000 | £57,465 | £292,465 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 21.613 % | £50,791 | £285,791 |
| 3 Month Average | 8.989 % | £21,123 | £256,123 |
| 6 Month Average | 21.026 % | £49,411 | £284,411 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £232,133 | £225,000 | 33 LUMSDEN CLOSE |
| 17 Nov 2023 | £323,204 | £315,000 | 19 DUNSVILLE DRIVE |
| 31 Oct 2023 | £276,275 | £270,000 | 7 DUNSVILLE DRIVE |
| 18 Aug 2023 | £224,041 | £220,000 | 23 PILLING CLOSE |
| 4 Aug 2023 | £254,592 | £250,000 | 11 STONEYWOOD ROAD |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 22 May 2015. Using an estimated price of £292,465 means this house is valued at £2,658 per sq meter (£247 per sq foot).
The average size of a house on LUMSDEN CLOSE is 90 sq meters (978 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lumsden Close |
| May 2024 | Public order | Awaiting court outcome | On or near Lumsden Close |
| Apr 2024 | Other crime | Under investigation | On or near Lumsden Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dunsville Drive |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Dunsville Drive |