£990,861
This estimated value is based upon the latest sale price for the house of £165,000 on 24 Nov 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £165,000 | 24 Nov 2023 |
| £130,000 | 20 Nov 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 982 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 November 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 £165,000 results in an estimated price of approximately £990,861.
| 24 Nov 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 146.7 | 500.522 % | £165,000 | £825,861 | £990,861 |
The Postcode Pricing Model uses changes in average sales price within the B20 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 | 43.805 % | £72,277 | £237,277 |
| 3 Month Average | -31.311 % | £-51,663 | £113,336 |
| 6 Month Average | -3.861 % | £-6,371 | £158,628 |
This house has a floor area of 91 sq meters or 982 sq feet when measured on 6 May 2010.
The average size of a house on ROMILLY AVENUE is 105 sq meters (1,131 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Romulus Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wood Lane |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wood Lane |
| Jan 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Wood Lane |
| Jan 2024 | Robbery | Unable to prosecute suspect | On or near Wood Lane |