£282,384
This estimated value is based upon the latest sale price for the house of £225,000 on 31 Jan 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £225,000 | 31 Jan 2018 |
| £192,500 | 3 Jun 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 January 2018 the House Price Index for WEST MIDLANDS was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £225,000 results in an estimated price of approximately £282,384.
| 31 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £225,000 | £57,384 | £282,384 |
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 | 14.699 % | £33,072 | £258,072 |
| 3 Month Average | 40.673 % | £91,514 | £316,514 |
| 6 Month Average | 36.762 % | £82,715 | £307,715 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £254,452 | £250,000 | 1 TYNE GROVE |
| 24 Apr 2023 | £181,959 | £180,000 | 90 HOMELEA ROAD |
| 10 Feb 2023 | £219,852 | £220,000 | 120 HOMELEA ROAD |
| 28 Jan 2022 | £215,744 | £205,000 | 76 HOMELEA ROAD |
| 29 Oct 2021 | £243,425 | £220,000 | 9 BLAKESLEY MEWS |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 5 Oct 2015. Using an estimated price of £282,384 means this house is valued at £3,361 per sq meter (£312 per sq foot).
The average size of a house on CLEMENTS ROAD is 100 sq meters (1,085 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Blakesley Mews |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Heathmere Avenue |
| 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 |
| Mar 2024 | Burglary | Under investigation | On or near Tyne Grove |