£396,409
This estimated value is based upon the latest sale price for the house of £370,000 on 17 Dec 2021. 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 |
|---|---|
| £370,000 | 17 Dec 2021 |
| £190,000 | 17 Jun 2005 |
| Semi-Detached |
| Freehold |
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 December 2021 the House Price Index for WEST MIDLANDS was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £370,000 results in an estimated price of approximately £396,409.
| 17 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £370,000 | £26,409 | £396,409 |
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 | -35.426 % | £-131,074 | £238,925 |
| 3 Month Average | -7.298 % | £-27,001 | £342,998 |
| 6 Month Average | 6.951 % | £25,717 | £395,717 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £320,610 | £315,000 | 36 CARTERS LANE |
| 8 Feb 2023 | £429,711 | £430,000 | 20 ROYAL OAK ROAD |
| 3 Feb 2023 | £379,744 | £380,000 | 22 STUART ROAD |
| 12 Jan 2023 | £398,125 | £400,000 | 47 STUART ROAD |
| 23 Aug 2022 | £448,293 | £449,500 | 36 ROYAL OAK ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Royal Oak Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Carter'S Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carter'S Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carter'S Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bourne Avenue |