£312,241
This estimated value is based upon the latest sale price for the house of £163,500 on 17 Sep 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £163,500 | 17 Sep 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 September 2004 the House Price Index for WEST MIDLANDS was 77.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 90.974%.Applying this 90.974% change to the original purchase price of £163,500 results in an estimated price of approximately £312,241.
| 17 Sep 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 148.6 | 90.974 % | £163,500 | £148,741 | £312,241 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 4.298 % | £7,027 | £170,527 |
| 3 Month Average | 37.452 % | £61,234 | £224,734 |
| 6 Month Average | 49.174 % | £80,398 | £243,898 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £244,640 | £242,500 | 52 MOORFIELD DRIVE |
| 21 Apr 2023 | £288,102 | £285,000 | 36 MOORFIELD DRIVE |
| 31 Mar 2023 | £262,473 | £260,000 | 31 MOORFIELD DRIVE |
| 20 Jan 2023 | £283,664 | £285,000 | 125 FAIRMILE ROAD |
| 25 Nov 2022 | £281,589 | £285,000 | 143 FAIRMILE ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 26 Nov 2013. Using an estimated price of £312,242 means this house is valued at £3,153 per sq meter (£293 per sq foot).
The average size of a house on MOORFIELD DRIVE is 102 sq meters (1,102 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Cherry Orchard Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whitestone Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whitestone Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Greenbush Drive |
| Mar 2024 | Anti-social behaviour | On or near Bloomfield Street West |