£185,282
This estimated value is based upon the latest sale price for the house of £40,000 on 23 Dec 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £40,000 | 23 Dec 1998 |
| Terraced |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 December 1998 the House Price Index for WEST MIDLANDS was 32.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 363.206%.Applying this 363.206% change to the original purchase price of £40,000 results in an estimated price of approximately £185,282.
| 23 Dec 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.3 | 149.7 | 363.206 % | £40,000 | £145,282 | £185,282 |
The Postcode Pricing Model uses changes in average sales price within the B12 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 | 349.319 % | £139,727 | £179,727 |
| 3 Month Average | 257.521 % | £103,008 | £143,008 |
| 6 Month Average | 327.946 % | £131,178 | £171,178 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £161,602 | £157,500 | 157 OLDFIELD ROAD |
| 20 Oct 2023 | £117,673 | £115,000 | 3 HEREFORD AVENUE |
| 24 Jan 2022 | £74,214 | £70,000 | 5 SPRINGFIELD AVENUE |
| 9 Dec 2021 | £124,120 | £115,000 | 140 OLDFIELD ROAD |
| 28 Oct 2021 | £211,787 | £190,000 | 70 WOODFIELD ROAD |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 17 Nov 2016. Using an estimated price of £185,282 means this house is valued at £1,425 per sq meter (£132 per sq foot).
The average size of a house on OMBERSLEY ROAD is 102 sq meters (1,105 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Unable to prosecute suspect | On or near Woodfield Crescent |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Woodfield Crescent |
| Sep 2024 | Anti-social behaviour | On or near Woodfield Crescent | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Woodfield Crescent |
| Sep 2024 | Anti-social behaviour | On or near Woodfield Crescent |