£643,685
This estimated value is based upon the latest sale price for the house of £387,500 on 5 Jul 2013. 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
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| Price Paid | Date |
|---|---|
| £387,500 | 5 Jul 2013 |
| £180,000 | 21 Jun 2002 |
| Terraced |
| Freehold |
| Floor Area: 251 sq meters or 2,701 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 2013 the House Price Index for WEST MIDLANDS was 89.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.112%.Applying this 66.112% change to the original purchase price of £387,500 results in an estimated price of approximately £643,685.
| 5 Jul 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 148.6 | 66.112 % | £387,500 | £256,185 | £643,685 |
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 | 51.952 % | £201,312 | £588,812 |
| 3 Month Average | 45.161 % | £174,999 | £562,499 |
| 6 Month Average | 60.765 % | £235,463 | £622,963 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £369,980 | £365,000 | 25 KING CHARLES ROAD |
| 14 Jul 2023 | £582,844 | £575,000 | 38 KING CHARLES ROAD |
| 8 Feb 2023 | £429,711 | £430,000 | 20 ROYAL OAK ROAD |
| 12 Jan 2023 | £398,125 | £400,000 | 47 STUART ROAD |
| 23 Aug 2022 | £448,293 | £449,500 | 36 ROYAL OAK ROAD |
This house has a floor area of 251 sq meters or 2,701 sq feet when measured on 26 Apr 2012. Using an estimated price of £643,685 means this house is valued at £2,564 per sq meter (£238 per sq foot).
The average size of a house on ROYAL OAK ROAD is 131 sq meters (1,410 sq feet).
This house is the largest in the street with a floor area of 251 sq meters (2,701 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Royal Oak Road |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |