£800,786
This estimated value is based upon the latest sale price for the house of £499,950 on 22 May 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Moorland Road
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| Price Paid | Date |
|---|---|
| £499,950 | 22 May 2008 |
| Detached |
| Freehold |
| Floor Area: 151 sq meters or 1,633 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 May 2008 the House Price Index for WEST MIDLANDS was 93.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.173%.Applying this 60.173% change to the original purchase price of £499,950 results in an estimated price of approximately £800,786.
| 22 May 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.5 | 149.7 | 60.173 % | £499,950 | £300,836 | £800,786 |
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 | 39.629 % | £198,126 | £698,076 |
| 3 Month Average | 41.325 % | £206,604 | £706,554 |
| 6 Month Average | 56.520 % | £282,573 | £782,523 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £489,816 | £480,000 | 40 MANOR ROAD NORTH |
| 18 Apr 2023 | £353,487 | £346,875 | 91 PORTLAND ROAD |
| 30 Mar 2023 | £203,397 | £200,000 | FLAT 29 MOORLAND COURT, 42 MELVILLE ROAD |
| 20 Mar 2023 | £493,237 | £485,000 | 102 PORTLAND ROAD |
| 17 Jun 2022 | £127,730 | £125,000 | APARTMENT 42 SPIRE COURT, 26 MANOR ROAD |
This house has a floor area of 151 sq meters or 1,633 sq feet when measured on 1 Sep 2009. Using an estimated price of £800,787 means this house is valued at £5,275 per sq meter (£490 per sq foot).
The average size of a house on MOORLAND ROAD is 285 sq meters (3,068 sq feet).
This house is the smallest in the street with a floor area of 151 sq meters (1,633 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Moorland Road |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Moorland Road |
| Jul 2024 | Burglary | Under investigation | On or near Moorland Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Moorland Road |
| Oct 2024 | Possession of weapons | Under investigation | On or near Manor Road North |