£227,861
This estimated value is based upon the latest sale price for the house of £185,000 on 12 Apr 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £185,000 | 12 Apr 2019 |
| £139,000 | 15 Aug 2013 |
| £152,500 | 26 Nov 2007 |
| Terraced |
| 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 2019 the House Price Index for WEST MIDLANDS was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.169%.Applying this 23.169% change to the original purchase price of £185,000 results in an estimated price of approximately £227,861.
| 12 Apr 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.0 | 23.169 % | £185,000 | £42,861 | £227,861 |
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 | 20.183 % | £37,338 | £222,338 |
| 3 Month Average | 3.982 % | £7,367 | £192,367 |
| 6 Month Average | 14.229 % | £26,324 | £211,324 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £229,339 | £225,000 | 33 LUMSDEN CLOSE |
| 17 Nov 2023 | £319,097 | £315,000 | 19 DUNSVILLE DRIVE |
| 18 Aug 2023 | £221,346 | £220,000 | 23 PILLING CLOSE |
| 30 Jun 2023 | £225,831 | £224,000 | 12 PILLING CLOSE |
| 8 Mar 2023 | £278,505 | £277,000 | 6 STONEYWOOD ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 23 Apr 2013. Using an estimated price of £227,862 means this house is valued at £3,302 per sq meter (£306 per sq foot).
The average size of a house on LUMSDEN CLOSE is 90 sq meters (978 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Under investigation | On or near Lumsden Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lumsden Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lumsden Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pilling Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near Supermarket |