£437,952
This estimated value is based upon the latest sale price for the house of £440,000 on 24 Nov 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £440,000 | 24 Nov 2022 |
| £245,000 | 14 Dec 2012 |
| £84,000 | 7 Nov 1997 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 November 2022 the House Price Index for WEST MIDLANDS was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £440,000 results in an estimated price of approximately £437,952.
| 24 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 149.7 | -0.465 % | £440,000 | £-2,047 | £437,952 |
The Postcode Pricing Model uses changes in average sales price within the CV3 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 | 16.617 % | £73,115 | £513,115 |
| 3 Month Average | 10.968 % | £48,261 | £488,261 |
| 6 Month Average | -0.522 % | £-2,295 | £437,704 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Oct 2024 | £350,000 | £350,000 | 198 KENPAS HIGHWAY |
| 24 Mar 2023 | £493,237 | £485,000 | 17 MANTILLA DRIVE |
| 20 Jan 2023 | £320,857 | £320,000 | 215 KENPAS HIGHWAY |
| 24 Nov 2022 | £437,952 | £440,000 | 7 LONSCALE DRIVE |
| 22 Apr 2022 | £363,098 | £350,000 | 41 MANTILLA DRIVE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 25 Jul 2012. Using an estimated price of £437,952 means this house is valued at £4,211 per sq meter (£391 per sq foot).
The average size of a house on LONSCALE DRIVE is 87 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Erithway Road |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Erithway Road |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Erithway Road |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Bywater Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Erithway Road |