£163,329
This estimated value is based upon the latest sale price for the house of £165,000 on 22 Jul 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 Lumley Grove
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| Price Paid | Date |
|---|---|
| £165,000 | 22 Jul 2022 |
| £30,000 | 27 Jan 1999 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 July 2022 the House Price Index for WEST MIDLANDS was 148.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.012%.Applying this -1.012% change to the original purchase price of £165,000 results in an estimated price of approximately £163,329.
| 22 Jul 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 146.7 | -1.012 % | £165,000 | £-1,670 | £163,329 |
The Postcode Pricing Model uses changes in average sales price within the B37 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 | -14.666 % | £-24,198 | £140,801 |
| 3 Month Average | -3.963 % | £-6,539 | £158,460 |
| 6 Month Average | -10.843 % | £-17,891 | £147,108 |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 7 Sep 2021.
The average size of a house on LUMLEY GROVE is 141 sq meters (1,526 sq feet).
This house is the smallest in the street with a floor area of 85 sq meters (914 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lumley Grove |
| Mar 2024 | Burglary | Under investigation | On or near Lumley Grove |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Lumley Grove |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lumley Grove |
| Dec 2023 | Robbery | Unable to prosecute suspect | On or near Lumley Grove |