£343,439
This estimated value is based upon the latest sale price for the house of £178,250 on 25 Aug 2004. 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
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £178,250 | 25 Aug 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 August 2004 the House Price Index for WEST MIDLANDS was 77.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 92.673%.Applying this 92.673% change to the original purchase price of £178,250 results in an estimated price of approximately £343,439.
| 25 Aug 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 148.6 | 92.673 % | £178,250 | £165,189 | £343,439 |
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 | 57.754 % | £102,947 | £281,197 |
| 3 Month Average | 63.557 % | £113,290 | £291,540 |
| 6 Month Average | 86.075 % | £153,429 | £331,679 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £665,825 | £660,000 | 73 STUART ROAD |
| 16 Jun 2023 | £253,065 | £250,000 | 154 SPIES LANE |
| 19 Apr 2023 | £333,592 | £330,000 | 124 SPIES LANE |
| 19 Apr 2023 | £434,680 | £430,000 | 132 SPIES LANE |
| 3 Feb 2023 | £379,744 | £380,000 | 22 STUART ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 2 Jun 2014. Using an estimated price of £343,440 means this house is valued at £3,858 per sq meter (£358 per sq foot).
The average size of a house on STUART ROAD is 120 sq meters (1,301 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Royal Oak Road |
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |