£991,461
This estimated value is based upon the latest sale price for the house of £165,100 on 20 Oct 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £165,100 | 20 Oct 2023 |
| £118,500 | 25 Aug 2017 |
| £120,000 | 18 Mar 2008 |
| £65,000 | 10 Jul 2002 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 October 2023 the House Price Index for WEST MIDLANDS was 24.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 500.522%.Applying this 500.522% change to the original purchase price of £165,100 results in an estimated price of approximately £991,461.
| 20 Oct 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 146.7 | 500.522 % | £165,100 | £826,361 | £991,461 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 4.033 % | £6,658 | £171,758 |
| 3 Month Average | -2.884 % | £-4,761 | £160,338 |
| 6 Month Average | 2.904 % | £4,794 | £169,894 |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 18 Mar 2017.
The average size of a house on ROMSEY GROVE is 95 sq meters (1,029 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Romsey Grove |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Slade Road |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Slade Road |
| Feb 2024 | Anti-social behaviour | On or near Slade Road | |
| Feb 2024 | Anti-social behaviour | On or near Slade Road |