£212,623
This estimated value is based upon the latest sale price for the house of £197,000 on 22 Dec 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £197,000 | 22 Dec 2021 |
| £35,000 | 19 Jul 1996 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 2021 the House Price Index for WEST MIDLANDS was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £197,000 results in an estimated price of approximately £212,623.
| 22 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £197,000 | £15,623 | £212,623 |
The Postcode Pricing Model uses changes in average sales price within the B11 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 | 25.544 % | £50,322 | £247,322 |
| 3 Month Average | 22.443 % | £44,212 | £241,212 |
| 6 Month Average | -1.204 % | £-2,371 | £194,628 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £235,990 | £230,000 | 24 MORCOM ROAD |
| 16 Oct 2023 | £143,254 | £140,000 | 7 ROMA ROAD |
| 1 Jul 2022 | £166,670 | £165,000 | 119 ROMA ROAD |
| 22 Dec 2021 | £212,624 | £197,000 | 23 ROMA ROAD |
| 22 Dec 2021 | £212,624 | £197,000 | 52 ROMA ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 22 Sep 2021. Using an estimated price of £212,624 means this house is valued at £2,797 per sq meter (£259 per sq foot).
The average size of a house on ROMA ROAD is 78 sq meters (847 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near River Lee Road |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near River Lee Road |
| Aug 2024 | Anti-social behaviour | On or near River Lee Road | |
| Jul 2024 | Robbery | Investigation complete; no suspect identified | On or near River Lee Road |
| Jul 2024 | Robbery | Investigation complete; no suspect identified | On or near River Lee Road |