£109,440
This estimated value is based upon the latest sale price for the house of £25,000 on 4 Jun 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £25,000 | 4 Jun 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 June 1999 the House Price Index for WEST MIDLANDS was 33.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 337.762%.Applying this 337.762% change to the original purchase price of £25,000 results in an estimated price of approximately £109,440.
| 4 Jun 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.9 | 148.6 | 337.762 % | £25,000 | £84,440 | £109,440 |
The Postcode Pricing Model uses changes in average sales price within the B8 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 | 378.270 % | £94,567 | £119,567 |
| 3 Month Average | 222.100 % | £55,525 | £80,525 |
| 6 Month Average | 285.625 % | £71,406 | £96,406 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £167,480 | £165,000 | 60 BROOKHILL ROAD |
| 29 Aug 2023 | £121,059 | £120,000 | 57 MOAT HOUSE ROAD |
| 25 Aug 2023 | £171,500 | £170,000 | 63 FERNBANK ROAD |
| 17 Dec 2021 | £171,420 | £160,000 | 52 MOAT HOUSE ROAD |
| 28 Jun 2021 | £103,001 | £96,000 | 120 BROOKHILL ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 8 Aug 2014. Using an estimated price of £109,441 means this house is valued at £1,032 per sq meter (£95 per sq foot).
The average size of a house on FERNBANK ROAD is 88 sq meters (950 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Moat House Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Moat House Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Moat House Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Moat House Road |
| Feb 2024 | Possession of weapons | Under investigation | On or near Moat House Road |