£147,794
This estimated value is based upon the latest sale price for the house of £100,000 on 16 Feb 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Romsley Road
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Price Paid | Date |
---|---|
£100,000 | 16 Feb 2015 |
£125,000 | 15 Nov 2010 |
£114,000 | 23 Jun 2006 |
£99,950 | 21 Jan 2005 |
£82,500 | 7 May 2004 |
£42,000 | 30 Sep 1997 |
Semi-Detached |
Freehold |
Floor Area: 100 sq meters or 1,076 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 February 2015 the House Price Index for WEST MIDLANDS was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £100,000 results in an estimated price of approximately £147,794.
16 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.5 | 148.6 | 47.794 % | £100,000 | £47,794 | £147,794 |
The Postcode Pricing Model uses changes in average sales price within the B68 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 | 43.889 % | £43,888 | £143,888 |
3 Month Average | 61.045 % | £61,044 | £161,044 |
6 Month Average | 67.894 % | £67,893 | £167,893 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2023 | £199,883 | £198,000 | 84 WALTON ROAD |
24 Mar 2023 | £201,902 | £200,000 | 37 ROMSLEY ROAD |
20 Feb 2023 | £159,892 | £160,000 | 27 WALTON ROAD |
10 Feb 2023 | £186,874 | £187,000 | 42 WALTON ROAD |
18 Jul 2022 | £210,567 | £210,000 | 22 WALTON ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 17 Feb 2016. Using an estimated price of £147,794 means this house is valued at £1,477 per sq meter (£137 per sq foot).
The average size of a house on ROMSLEY ROAD is 85 sq meters (923 sq feet).
This house is the largest in the street with a floor area of 100 sq meters (1,076 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Romsley Road |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Romsley Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Romsley Road |
Mar 2024 | Possession of weapons | Awaiting court outcome | On or near Yardley Close |
Mar 2024 | Drugs | Under investigation | On or near Yardley Close |