£161,527
This estimated value is based upon the latest sale price for the house of £160,000 on 11 Jul 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £160,000 | 11 Jul 2023 |
| £115,000 | 15 Nov 2019 |
| £89,950 | 15 Dec 2003 |
| £55,000 | 4 Feb 2000 |
| £48,000 | 28 Nov 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 July 2023 the House Price Index for WEST MIDLANDS was 146.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.955%.Applying this 0.955% change to the original purchase price of £160,000 results in an estimated price of approximately £161,527.
| 11 Jul 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.0 | 0.955 % | £160,000 | £1,527 | £161,527 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | -49.635 % | £-79,415 | £80,584 |
| 3 Month Average | -17.673 % | £-28,276 | £131,723 |
| 6 Month Average | -5.083 % | £-8,132 | £151,867 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £261,591 | £260,000 | 5 OMBERSLEY ROAD |
| 11 Jul 2023 | £161,528 | £160,000 | FLAT 7 HALESBURY COURT OMBERSLEY ROAD |
| 6 Jun 2023 | £131,063 | £130,000 | FLAT 12 HALESBURY COURT OMBERSLEY ROAD |
| 21 Apr 2023 | £302,246 | £300,000 | 4 CHADDESLEY ROAD |
| 31 Jan 2023 | £198,259 | £200,000 | 1 HARTLEBURY ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 23 Aug 2018. Using an estimated price of £161,528 means this house is valued at £2,375 per sq meter (£220 per sq foot).
The average size of a house on OMBERSLEY ROAD is 81 sq meters (880 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Quarry Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Quarry Lane |
| Mar 2024 | Other crime | Under investigation | On or near Hopwood Close |
| Feb 2024 | Other theft | Action to be taken by another organisation | On or near Hopwood Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Hopwood Close |