£284,019
This estimated value is based upon the latest sale price for the house of £230,000 on 7 Sep 2018. 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 Moat Lane
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| Price Paid | Date |
|---|---|
| £230,000 | 7 Sep 2018 |
| £216,000 | 21 Sep 2016 |
| £190,000 | 31 Oct 2014 |
| £141,000 | 11 Feb 2004 |
| £141,000 | 11 Feb 2004 |
| £71,500 | 14 Sep 1999 |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2018 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £230,000 results in an estimated price of approximately £284,019.
| 7 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £230,000 | £54,019 | £284,019 |
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 | 44.164 % | £101,576 | £331,576 |
| 3 Month Average | -12.361 % | £-28,430 | £201,569 |
| 6 Month Average | -4.090 % | £-9,406 | £220,593 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £430,504 | £425,000 | 45 MOAT LANE |
| 30 Jun 2023 | £298,617 | £295,000 | 24 ANCHOR LANE |
| 24 Mar 2023 | £260,454 | £258,000 | 7 ANCHOR LANE |
| 28 Nov 2022 | £355,692 | £360,000 | 24 ORCHARD AVENUE |
| 1 Aug 2022 | £334,101 | £335,000 | 30 ORCHARD AVENUE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 12 Feb 2014. Using an estimated price of £284,019 means this house is valued at £3,421 per sq meter (£317 per sq foot).
The average size of a house on MOAT LANE is 84 sq meters (906 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Moat Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Anchor Lane |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Anchor Lane |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Anchor Lane |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Anchor Lane |