£576,076
This estimated value is based upon the latest sale price for the house of £344,995 on 7 Dec 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £344,995 | 7 Dec 2012 |
| Detached |
| Freehold |
| Floor Area: 60 sq meters or 655 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 2012 the House Price Index for WEST MIDLANDS was 87.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 66.981%.Applying this 66.981% change to the original purchase price of £344,995 results in an estimated price of approximately £576,076.
| 7 Dec 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 146.7 | 66.981 % | £344,995 | £231,081 | £576,076 |
The Postcode Pricing Model uses changes in average sales price within the CV5 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 | 9.295 % | £32,068 | £377,063 |
| 3 Month Average | 46.335 % | £159,851 | £504,846 |
| 6 Month Average | 60.359 % | £208,236 | £553,231 |
This house has a floor area of 60 sq meters or 655 sq feet when measured on 26 Sep 2011.
The average size of a house on LYONS DRIVE is 112 sq meters (1,209 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walmsley Close |
| Jan 2024 | Bicycle theft | Unable to prosecute suspect | On or near Walmsley Close |
| Feb 2024 | Anti-social behaviour | On or near Heynes Walk | |
| Feb 2024 | Anti-social behaviour | On or near Heynes Walk | |
| Mar 2024 | Vehicle crime | Under investigation | On or near Carvell Close |