£261,590
This estimated value is based upon the latest sale price for the house of £260,000 on 17 Aug 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £260,000 | 17 Aug 2023 |
| £167,000 | 7 Nov 2014 |
| £150,000 | 11 Jun 2012 |
| £65,000 | 30 May 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 44 sq meters or 474 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 2023 the House Price Index for WEST MIDLANDS was 147.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.612%.Applying this 0.612% change to the original purchase price of £260,000 results in an estimated price of approximately £261,590.
| 17 Aug 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.1 | 148.0 | 0.612 % | £260,000 | £1,590 | £261,590 |
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 | -41.742 % | £-108,528 | £151,471 |
| 3 Month Average | -21.799 % | £-56,676 | £203,323 |
| 6 Month Average | -7.673 % | £-19,950 | £240,049 |
| 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 |
| 21 Apr 2023 | £272,022 | £270,000 | 22 BELBROUGHTON ROAD |
This house has a floor area of 44 sq meters or 474 sq feet when measured on 6 May 2011. Using an estimated price of £261,591 means this house is valued at £5,933 per sq meter (£551 per sq foot).
The average size of a house on OMBERSLEY ROAD is 81 sq meters (880 sq feet).
This house is the smallest in the street with a floor area of 44 sq meters (474 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Churchill Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Churchill Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near B4183 |
| 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 |