£160,727
This estimated value is based upon the latest sale price for the house of £123,000 on 9 Jan 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £123,000 | 9 Jan 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 January 2017 the House Price Index for WEST MIDLANDS was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £123,000 results in an estimated price of approximately £160,727.
| 9 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.6 | 30.673 % | £123,000 | £37,727 | £160,727 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 122.237 % | £150,350 | £273,350 |
| 3 Month Average | 52.637 % | £64,743 | £187,743 |
| 6 Month Average | 48.552 % | £59,718 | £182,718 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £146,000 | £146,000 | 29 LYMER ROAD |
| 1 Mar 2024 | £131,500 | £131,500 | 7 BRUNSLOW CLOSE |
| 4 Aug 2023 | £191,677 | £190,000 | 8 LYMER ROAD |
| 7 Jul 2023 | £229,083 | £226,000 | 442 STAFFORD ROAD |
| 7 Jul 2023 | £238,206 | £235,000 | 19 LYMER ROAD |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 31 Aug 2012. Using an estimated price of £160,728 means this house is valued at £1,296 per sq meter (£120 per sq foot).
The average size of a house on STAFFORD ROAD is 100 sq meters (1,085 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lymer Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lymer Road |
| Feb 2024 | Possession of weapons | Awaiting court outcome | On or near Lymer Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lymer Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lymer Road |