£460,711
This estimated value is based upon the latest sale price for the house of £335,000 on 8 Feb 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£335,000 | 8 Feb 2016 |
£110,000 | 5 Sep 1997 |
£113,000 | 3 Jan 1997 |
Terraced |
Freehold |
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 February 2016 the House Price Index for WEST MIDLANDS was 108.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 37.526%.Applying this 37.526% change to the original purchase price of £335,000 results in an estimated price of approximately £460,711.
8 Feb 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.9 | 149.7 | 37.526 % | £335,000 | £125,711 | £460,711 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | -1.008 % | £-3,376 | £331,623 |
3 Month Average | 34.135 % | £114,353 | £449,353 |
6 Month Average | 36.827 % | £123,371 | £458,371 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £384,767 | £375,000 | FLAT 8 ROYAL HOUSE PRINCES GATE, 2 - 6 HOMER ROAD |
23 Oct 2023 | £204,648 | £200,000 | APARTMENT 22 CONSORT HOUSE PRINCES GATE, 2 - 6 HOMER ROAD |
6 Apr 2023 | £904,416 | £887,500 | 6 THE CRESCENT |
15 Feb 2023 | £709,741 | £705,000 | 3 THE CRESCENT |
31 Oct 2022 | £299,001 | £300,000 | APARTMENT 25, ROYAL HOUSE PRINCES GATE 2-6 HOMER ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Nov 2024 | Public order | Under investigation | On or near Princes Gate |
Nov 2024 | Public order | Investigation complete; no suspect identified | On or near Princes Gate |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Princes Gate |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Princes Gate |
Sep 2024 | Criminal damage and arson | Under investigation | On or near Princes Gate |