£214,628
This estimated value is based upon the latest sale price for the house of £65,000 on 28 Sep 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £65,000 | 28 Sep 2001 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 September 2001 the House Price Index for WEST MIDLANDS was 45.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 230.197%.Applying this 230.197% change to the original purchase price of £65,000 results in an estimated price of approximately £214,628.
| 28 Sep 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.3 | 149.7 | 230.197 % | £65,000 | £149,628 | £214,628 |
The Postcode Pricing Model uses changes in average sales price within the B12 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 | 227.336 % | £147,768 | £212,768 |
| 3 Month Average | 162.966 % | £105,927 | £170,927 |
| 6 Month Average | 214.997 % | £139,747 | £204,747 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £257,926 | £250,000 | 23 TREVOSE RETREAT |
| 23 Oct 2023 | £312,088 | £305,000 | 46 CROMER ROAD |
| 30 Jun 2023 | £204,090 | £200,000 | 1 RICHMOND AVENUE |
| 13 May 2022 | £205,350 | £200,000 | 1 HOMER STREET |
| 5 May 2022 | £205,350 | £200,000 | 36 EDWARD ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 4 Sep 2013. Using an estimated price of £214,628 means this house is valued at £2,438 per sq meter (£226 per sq foot).
The average size of a house on HOMER STREET is 105 sq meters (1,135 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Homer Street |
| Oct 2024 | Anti-social behaviour | On or near Homer Street | |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Homer Street |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Homer Street |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Homer Street |