£389,746
This estimated value is based upon the latest sale price for the house of £316,000 on 29 Jul 2019. 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 Royal Oak Road
More crime details
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| Price Paid | Date |
|---|---|
| £316,000 | 29 Jul 2019 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 2019 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £316,000 results in an estimated price of approximately £389,746.
| 29 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £316,000 | £73,746 | £389,746 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 20.870 % | £65,948 | £381,948 |
| 3 Month Average | 6.104 % | £19,289 | £335,289 |
| 6 Month Average | 25.350 % | £80,105 | £396,105 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £665,825 | £660,000 | 73 STUART ROAD |
| 21 Jul 2023 | £369,980 | £365,000 | 25 KING CHARLES ROAD |
| 14 Jul 2023 | £582,844 | £575,000 | 38 KING CHARLES ROAD |
| 23 Aug 2022 | £448,293 | £449,500 | 36 ROYAL OAK ROAD |
| 27 Jun 2022 | £316,472 | £312,000 | 56 FRANKLEY AVENUE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 27 Mar 2017. Using an estimated price of £389,746 means this house is valued at £4,236 per sq meter (£393 per sq foot).
The average size of a house on ROYAL OAK ROAD is 131 sq meters (1,410 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Royal Oak Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Howley Grange Road |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Howley Grange Road |
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Howley Grange Road |
| Mar 2024 | Shoplifting | Under investigation | On or near Spies Lane |