£204,774
This estimated value is based upon the latest sale price for the house of £166,000 on 11 Dec 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £166,000 | 11 Dec 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2018 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £166,000 results in an estimated price of approximately £204,774.
| 11 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £166,000 | £38,774 | £204,774 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 4.233 % | £7,027 | £173,027 |
| 3 Month Average | 10.836 % | £17,987 | £183,987 |
| 6 Month Average | 27.987 % | £46,458 | £212,458 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £354,292 | £350,000 | 86 CARTERS LANE |
| 14 Mar 2023 | £227,140 | £225,000 | 241 HOWLEY GRANGE ROAD |
| 23 Sep 2022 | £466,235 | £470,000 | 76 CARTERS LANE |
| 12 Aug 2022 | £224,396 | £225,000 | 116 HOWLEY GRANGE ROAD |
| 21 Feb 2022 | £293,634 | £280,000 | 34 BOURNE AVENUE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 13 Jul 2018. Using an estimated price of £204,774 means this house is valued at £2,381 per sq meter (£221 per sq foot).
The average size of a house on LYDATE ROAD is 85 sq meters (924 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lydate Road |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Lydate Road |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Lydate Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bourne Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Carter'S Lane |