£94,627
This estimated value is based upon the latest sale price for the house of £60,000 on 21 Feb 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £60,000 | 21 Feb 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 February 2014 the House Price Index for WEST MIDLANDS was 93.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 57.713%.Applying this 57.713% change to the original purchase price of £60,000 results in an estimated price of approximately £94,627.
| 21 Feb 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.0 | 57.713 % | £60,000 | £34,627 | £94,627 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 39.746 % | £23,847 | £83,847 |
| 3 Month Average | 55.299 % | £33,179 | £93,179 |
| 6 Month Average | 64.622 % | £38,773 | £98,773 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £94,264 | £93,500 | 140 RIDGE LANE |
| 16 Mar 2023 | £271,467 | £270,000 | 28 MOATHOUSE LANE WEST |
| 22 Jul 2022 | £226,194 | £226,500 | 74 MATTOX ROAD |
| 4 Apr 2022 | £210,256 | £205,000 | 63 RIDGE LANE |
| 18 Mar 2022 | £196,095 | £190,000 | 11 RODERICK DRIVE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 9 Jul 2013. Using an estimated price of £94,628 means this house is valued at £1,892 per sq meter (£175 per sq foot).
The average size of a house on MOATHOUSE LANE WEST is 98 sq meters (1,063 sq feet).
This house is the smallest in the street with a floor area of 50 sq meters (538 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Moathouse Lane West | |
| Mar 2024 | Public order | Under investigation | On or near Moathouse Lane West |
| Mar 2024 | Anti-social behaviour | On or near Moathouse Lane West | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Moathouse Lane West |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Moathouse Lane West |