£351,644
This estimated value is based upon the latest sale price for the house of £350,000 on 26 Aug 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Bure Grove
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| Price Paid | Date |
|---|---|
| £350,000 | 26 Aug 2022 |
| £94,450 | 21 May 1998 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 2022 the House Price Index for WEST MIDLANDS was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £350,000 results in an estimated price of approximately £351,644.
| 26 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £350,000 | £1,644 | £351,644 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 108.755 % | £380,642 | £730,642 |
| 3 Month Average | 17.766 % | £62,181 | £412,181 |
| 6 Month Average | 14.418 % | £50,462 | £400,462 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £212,391 | £207,000 | 22 SOMERSET ROAD |
| 26 Aug 2022 | £351,644 | £350,000 | 30 LAMBOURN ROAD |
| 22 Apr 2022 | £248,981 | £240,000 | 24 LAMBOURN ROAD |
| 4 Feb 2022 | £242,985 | £230,000 | 18 LAMBOURN ROAD |
| 14 Jan 2022 | £265,050 | £250,000 | 15 LAMBOURN ROAD |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 2 Dec 2021. Using an estimated price of £351,644 means this house is valued at £3,031 per sq meter (£281 per sq foot).
The average size of a house on LAMBOURN ROAD is 99 sq meters (1,067 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Bure Grove |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bure Grove |
| Aug 2024 | Anti-social behaviour | On or near Bure Grove | |
| Aug 2024 | Anti-social behaviour | On or near Bure Grove | |
| Aug 2024 | Burglary | Under investigation | On or near Bure Grove |