£491,944
This estimated value is based upon the latest sale price for the house of £295,000 on 11 Dec 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£295,000 | 11 Dec 2006 |
Detached |
Freehold |
Floor Area: 147 sq meters or 1,582 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 December 2006 the House Price Index for WEST MIDLANDS was 89.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.761%.Applying this 66.761% change to the original purchase price of £295,000 results in an estimated price of approximately £491,944.
11 Dec 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.8 | 149.7 | 66.761 % | £295,000 | £196,944 | £491,944 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 43.643 % | £128,746 | £423,746 |
3 Month Average | 67.411 % | £198,863 | £493,863 |
6 Month Average | 53.009 % | £156,375 | £451,375 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2024 | £355,000 | £355,000 | 315 LYNDON ROAD |
26 Sep 2023 | £414,129 | £405,000 | 303 LYNDON ROAD |
21 Apr 2023 | £371,957 | £365,000 | 32 COVERDALE ROAD |
17 Mar 2023 | £381,369 | £375,000 | 42 COVERDALE ROAD |
2 Feb 2023 | £412,757 | £410,000 | 60 COVERDALE ROAD |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 31 May 2014. Using an estimated price of £491,945 means this house is valued at £3,346 per sq meter (£310 per sq foot).
The average size of a house on LYNDON ROAD is 106 sq meters (1,146 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Coverdale Road |
Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Coverdale Road |
Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Beamans Close |
Oct 2024 | Robbery | Investigation complete; no suspect identified | On or near Beamans Close |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Beamans Close |