£339,084
This estimated value is based upon the latest sale price for the house of £280,000 on 5 Jun 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £280,000 | 5 Jun 2020 |
| Flats/Maisonettes |
| Leasehold |
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 June 2020 the House Price Index for WEST MIDLANDS was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £280,000 results in an estimated price of approximately £339,084.
| 5 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £280,000 | £59,084 | £339,084 |
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 | 4.937 % | £13,822 | £293,822 |
| 3 Month Average | -18.094 % | £-50,663 | £229,336 |
| 6 Month Average | -1.962 % | £-5,492 | £274,507 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £380,635 | £375,000 | FLAT 8 ROYAL HOUSE PRINCES GATE, 2 - 6 HOMER ROAD |
| 5 Aug 2022 | £339,087 | £340,000 | APARTMENT 9 CONSORT HOUSE PRINCES GATE, 2 - 6 HOMER ROAD |
| 3 May 2022 | £305,761 | £300,000 | APARTMENT 19 CONSORT HOUSE PRINCES GATE, 2 - 6 HOMER ROAD |
| 31 Jan 2022 | £310,460 | £295,000 | APARTMENT 13 ROYAL HOUSE PRINCES GATE 2-6 HOMER ROAD |
| 17 Dec 2021 | £267,791 | £249,950 | APARTMENT 20 ROYAL HOUSE PRINCES GATE, 2 - 6 HOMER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Under investigation | On or near Princes Gate |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Princes Gate |
| Mar 2024 | Shoplifting | Under investigation | On or near Princes Gate |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Princes Gate |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Princes Gate |