£871,931
This estimated value is based upon the latest sale price for the house of £650,000 on 28 Jul 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Moorland Road
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Price Paid | Date |
---|---|
£650,000 | 28 Jul 2016 |
£470,000 | 16 Aug 2004 |
£105,000 | 20 Jan 1995 |
Semi-Detached |
Freehold |
Floor Area: 303 sq meters or 3,261 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 July 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £650,000 results in an estimated price of approximately £871,931.
28 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.143 % | £650,000 | £221,931 | £871,931 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | 57.986 % | £376,910 | £1,026,910 |
3 Month Average | 82.795 % | £538,165 | £1,188,165 |
6 Month Average | 60.863 % | £395,612 | £1,045,612 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £153,907 | £150,000 | APARTMENT 53 SPIRE COURT, 26 MANOR ROAD |
31 Mar 2023 | £172,887 | £170,000 | APARTMENT 30 SPIRE COURT, 26 MANOR ROAD |
30 Mar 2023 | £203,397 | £200,000 | FLAT 29 MOORLAND COURT, 42 MELVILLE ROAD |
17 Jun 2022 | £127,730 | £125,000 | APARTMENT 42 SPIRE COURT, 26 MANOR ROAD |
9 Jun 2022 | £131,307 | £128,500 | APARTMENT 1 SPIRE COURT, 26 MANOR ROAD |
This house has a floor area of 303 sq meters or 3,261 sq feet when measured on 31 May 2012. Using an estimated price of £871,931 means this house is valued at £2,877 per sq meter (£267 per sq foot).
The average size of a house on MOORLAND ROAD is 285 sq meters (3,068 sq feet).
This house is the largest in the street with a floor area of 303 sq meters (3,261 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Under investigation | On or near Moorland Road |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Moorland Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Moorland Road |
Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Moorland Road |
Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Moorland Road |