£187,338
This estimated value is based upon the latest sale price for the house of £147,500 on 11 Aug 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£147,500 | 11 Aug 2017 |
£119,996 | 25 Jan 2013 |
Terraced |
Freehold |
Floor Area: 56 sq meters or 602 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 August 2017 the House Price Index for WEST MIDLANDS was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £147,500 results in an estimated price of approximately £187,338.
11 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.0 | 148.6 | 27.009 % | £147,500 | £39,838 | £187,338 |
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 | -21.388 % | £-31,547 | £115,952 |
3 Month Average | 11.929 % | £17,595 | £165,095 |
6 Month Average | 21.567 % | £31,811 | £179,311 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2023 | £282,663 | £280,000 | 2 LYONS DRIVE |
22 Apr 2022 | £375,877 | £365,000 | 42 LYONS DRIVE |
18 Mar 2022 | £406,733 | £392,500 | 167 BROWNS LANE |
27 Sep 2021 | £214,980 | £199,500 | 25 WALMSLEY CLOSE |
14 Sep 2021 | £490,305 | £455,000 | 77 LYONS DRIVE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 10 Oct 2012. Using an estimated price of £187,338 means this house is valued at £3,345 per sq meter (£310 per sq foot).
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 |