£197,661
This estimated value is based upon the latest sale price for the house of £97,950 on 27 Apr 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £97,950 | 27 Apr 2004 |
| £97,950 | 27 Apr 2004 |
| Semi-Detached |
| 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 2004 the House Price Index for WEST MIDLANDS was 72.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 101.799%.Applying this 101.799% change to the original purchase price of £97,950 results in an estimated price of approximately £197,661.
| 27 Apr 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 146.7 | 101.799 % | £97,950 | £99,711 | £197,661 |
The Postcode Pricing Model uses changes in average sales price within the B25 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 | 48.569 % | £47,573 | £145,523 |
| 3 Month Average | 77.001 % | £75,422 | £173,372 |
| 6 Month Average | 72.057 % | £70,580 | £168,530 |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 21 Aug 2014.
The average size of a house on HOMELEA ROAD is 83 sq meters (902 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Homelea Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Homelea Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Homelea Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clements Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Clements Road |