£182,943
This estimated value is based upon the latest sale price for the house of £94,950 on 9 Aug 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £94,950 | 9 Aug 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2004 the House Price Index for WEST MIDLANDS was 77.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 92.673%.Applying this 92.673% change to the original purchase price of £94,950 results in an estimated price of approximately £182,943.
| 9 Aug 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 148.6 | 92.673 % | £94,950 | £87,993 | £182,943 |
The Postcode Pricing Model uses changes in average sales price within the B32 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 | 22.192 % | £21,071 | £116,021 |
| 3 Month Average | 53.887 % | £51,165 | £146,115 |
| 6 Month Average | 65.888 % | £62,560 | £157,510 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £136,748 | £135,000 | 74 CULFORD DRIVE |
| 24 Jul 2023 | £228,070 | £225,000 | 24 ROMSLEY ROAD |
| 14 Apr 2023 | £171,850 | £170,000 | 10 MEATON GROVE |
| 10 Mar 2023 | £249,854 | £247,500 | 18 HIGHTREE CLOSE |
| 14 Nov 2022 | £191,184 | £193,500 | 4 MALPAS DRIVE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 28 Oct 2021. Using an estimated price of £182,943 means this house is valued at £2,231 per sq meter (£207 per sq foot).
The average size of a house on ROMSLEY ROAD is 91 sq meters (982 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Romsley Road |
| Feb 2024 | Anti-social behaviour | On or near Romsley Road | |
| Feb 2024 | Anti-social behaviour | On or near Romsley Road | |
| Jan 2024 | Anti-social behaviour | On or near Romsley Road | |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Romsley Road |