£180,877
This estimated value is based upon the latest sale price for the house of £114,000 on 8 Jun 2007. 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
More crime details
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| Price Paid | Date |
|---|---|
| £114,000 | 8 Jun 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 June 2007 the House Price Index for WEST MIDLANDS was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £114,000 results in an estimated price of approximately £180,877.
| 8 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 148.6 | 58.665 % | £114,000 | £66,877 | £180,877 |
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 | 29.315 % | £33,419 | £147,419 |
| 3 Month Average | 54.418 % | £62,036 | £176,036 |
| 6 Month Average | 62.190 % | £70,896 | £184,896 |
| 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 69 sq meters or 742 sq feet when measured on 29 Jul 2013. Using an estimated price of £180,878 means this house is valued at £2,621 per sq meter (£243 per sq foot).
The average size of a house on ROMSLEY ROAD is 85 sq meters (923 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Romsley Road |
| 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 |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Walton Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Walton Road |