£58,659
This estimated value is based upon the latest sale price for the house of £31,750 on 21 Feb 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £31,750 | 21 Feb 2005 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 February 2005 the House Price Index for WEST MIDLANDS was 79.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 84.755%.Applying this 84.755% change to the original purchase price of £31,750 results in an estimated price of approximately £58,659.
| 21 Feb 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.4 | 146.7 | 84.755 % | £31,750 | £26,909 | £58,659 |
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 | 26.924 % | £8,548 | £40,298 |
| 3 Month Average | -5.955 % | £-1,890 | £29,859 |
| 6 Month Average | 58.927 % | £18,709 | £50,459 |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 11 Mar 2013.
The average size of a house on HOMER STREET is 105 sq meters (1,135 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Homer Street |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Homer Street |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Homer Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Homer Street |
| Jan 2024 | Drugs | Unable to prosecute suspect | On or near Homer Street |