£175,159
This estimated value is based upon the latest sale price for the house of £131,000 on 26 Apr 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £131,000 | 26 Apr 2016 |
| Terraced |
| Leasehold |
| Floor Area: 94 sq meters or 1,011 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 April 2016 the House Price Index for WEST MIDLANDS was 109.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 33.710%.Applying this 33.710% change to the original purchase price of £131,000 results in an estimated price of approximately £175,159.
| 26 Apr 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 146.7 | 33.710 % | £131,000 | £44,159 | £175,159 |
The Postcode Pricing Model uses changes in average sales price within the B43 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 | 82.850 % | £108,533 | £239,533 |
| 3 Month Average | 47.058 % | £61,646 | £192,646 |
| 6 Month Average | 48.039 % | £62,930 | £193,930 |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 1 Sep 2015.
The average size of a house on ROMNEY WAY is 81 sq meters (881 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gainsborough Crescent |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gainsborough Crescent |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sargent Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Romney Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cookesley Close |