£272,055
This estimated value is based upon the latest sale price for the house of £223,000 on 5 Jun 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£223,000 | 5 Jun 2020 |
£223,000 | 5 Jun 2020 |
£138,000 | 16 May 2003 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 947 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 2020 the House Price Index for WEST MIDLANDS was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £223,000 results in an estimated price of approximately £272,055.
5 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 149.7 | 21.998 % | £223,000 | £49,055 | £272,055 |
The Postcode Pricing Model uses changes in average sales price within the B43 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 | 47.235 % | £105,332 | £328,332 |
3 Month Average | 22.361 % | £49,866 | £272,866 |
6 Month Average | 24.037 % | £53,602 | £276,602 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Oct 2024 | £219,000 | £219,000 | 39 STONEHURST ROAD |
12 Apr 2024 | £206,796 | £205,000 | 59 MORETON AVENUE |
25 Aug 2023 | £249,500 | £245,000 | 35 STONEHURST ROAD |
4 Aug 2023 | £246,954 | £242,500 | 9 IVANHOE ROAD |
26 Jun 2023 | £327,564 | £321,000 | 18 KELWAY AVENUE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 4 Dec 2019. Using an estimated price of £272,055 means this house is valued at £3,091 per sq meter (£287 per sq foot).
The average size of a house on MORETON AVENUE is 91 sq meters (984 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Criminal damage and arson | Under investigation | On or near Moreton Avenue |
Aug 2024 | Anti-social behaviour | On or near Moreton Avenue | |
Aug 2024 | Anti-social behaviour | On or near Moreton Avenue | |
Jul 2024 | Public order | Unable to prosecute suspect | On or near Moreton Avenue |
Sep 2024 | Anti-social behaviour | On or near Queslett Road |