£155,933
This estimated value is based upon the latest sale price for the house of £152,600 on 1 Jun 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £152,600 | 1 Jun 2022 |
| £140,000 | 1 Mar 2019 |
| £110,000 | 23 Jul 2012 |
| £125,000 | 3 Apr 2009 |
| £45,000 | 5 Dec 1997 |
| £40,000 | 1 Sep 1995 |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 2022 the House Price Index for WEST MIDLANDS was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £152,600 results in an estimated price of approximately £155,933.
| 1 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £152,600 | £3,333 | £155,933 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 77.801 % | £118,723 | £271,323 |
| 3 Month Average | 5.626 % | £8,585 | £161,185 |
| 6 Month Average | 8.679 % | £13,244 | £165,844 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2023 | £273,205 | £267,000 | 23 BROADWELL ROAD |
| 28 Jun 2023 | £306,135 | £300,000 | 26 MOORDOWN AVENUE |
| 14 Apr 2023 | £373,995 | £367,000 | 51 KIMBERLEY ROAD |
| 23 Mar 2023 | £162,717 | £160,000 | FLAT 9 CHERRYWOOD COURT MOORDOWN AVENUE |
| 1 Jun 2022 | £155,933 | £152,600 | FLAT 6 CHERRYWOOD COURT MOORDOWN AVENUE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 15 Aug 2018. Using an estimated price of £155,933 means this house is valued at £2,136 per sq meter (£198 per sq foot).
The average size of a house on MOORDOWN AVENUE is 88 sq meters (954 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Castle Lane |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Lane |
| May 2024 | Possession of weapons | Unable to prosecute suspect | On or near Castle Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Kimberley Road |
| May 2024 | Other crime | Under investigation | On or near Kimberley Road |