£590,084
This estimated value is based upon the latest sale price for the house of £475,000 on 2 May 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 Moorfield Avenue
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| Price Paid | Date |
|---|---|
| £475,000 | 2 May 2018 |
| £365,000 | 5 Oct 2012 |
| £115,000 | 25 Mar 1997 |
| Detached |
| Freehold |
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 2018 the House Price Index for WEST MIDLANDS was 119.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.228%.Applying this 24.228% change to the original purchase price of £475,000 results in an estimated price of approximately £590,084.
| 2 May 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.0 | 24.228 % | £475,000 | £115,084 | £590,084 |
The Postcode Pricing Model uses changes in average sales price within the B93 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 | -19.123 % | £-90,833 | £384,166 |
| 3 Month Average | -19.718 % | £-93,661 | £381,338 |
| 6 Month Average | 16.415 % | £77,969 | £552,969 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jul 2023 | £514,870 | £510,000 | 60 WILLOWBANK ROAD |
| 3 Apr 2023 | £440,272 | £437,000 | 21 WIDNEY CLOSE |
| 23 Feb 2022 | £665,843 | £637,500 | 12 MONTSFORD CLOSE |
| 14 Jan 2022 | £602,691 | £575,000 | 6 MONTSFORD CLOSE |
| 28 Jul 2021 | £537,974 | £470,000 | 6 HINTONS COPPICE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Moorfield Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Culverley Crescent |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Rickard Close |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Rickard Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willow Bank Road |