£274,407
This estimated value is based upon the latest sale price for the house of £160,000 on 6 Feb 2012. 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 | 6 Feb 2012 |
| £169,950 | 20 Dec 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 911 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 February 2012 the House Price Index for WEST MIDLANDS was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.505%.Applying this 71.505% change to the original purchase price of £160,000 results in an estimated price of approximately £274,407.
| 6 Feb 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.505 % | £160,000 | £114,407 | £274,407 |
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 | 45.641 % | £73,025 | £233,025 |
| 3 Month Average | 29.794 % | £47,670 | £207,670 |
| 6 Month Average | 48.763 % | £78,021 | £238,021 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £257,251 | £255,000 | 19 HUNNINGTON CRESCENT |
| 27 Jun 2023 | £353,279 | £349,000 | 84 BROADWAY AVENUE |
| 26 Jul 2022 | £220,594 | £220,000 | 36 HUNNINGTON CRESCENT |
| 29 Apr 2022 | £267,748 | £260,000 | 45 BROADWAY AVENUE |
| 22 Apr 2022 | £272,897 | £265,000 | 4 MADRESFIELD DRIVE |
This house has a floor area of 84 sq meters or 911 sq feet when measured on 3 Oct 2011. Using an estimated price of £274,407 means this house is valued at £3,241 per sq meter (£301 per sq foot).
The average size of a house on ROMSLEY CLOSE is 116 sq meters (1,257 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Peachley Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peachley Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peachley Close |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Dogkennel Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dogkennel Lane |