£94,058
This estimated value is based upon the latest sale price for the house of £29,000 on 5 Oct 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £29,000 | 5 Oct 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 October 2001 the House Price Index for WEST MIDLANDS was 45.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 224.341%.Applying this 224.341% change to the original purchase price of £29,000 results in an estimated price of approximately £94,058.
| 5 Oct 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.8 | 148.6 | 224.341 % | £29,000 | £65,058 | £94,058 |
The Postcode Pricing Model uses changes in average sales price within the WS10 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 | 412.057 % | £119,496 | £148,496 |
| 3 Month Average | 191.115 % | £55,423 | £84,423 |
| 6 Month Average | 293.667 % | £85,163 | £114,163 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £126,533 | £125,000 | 45 MEETING STREET |
| 9 Jun 2023 | £242,943 | £240,000 | 7 MARK AVENUE |
| 9 Feb 2023 | £129,913 | £130,000 | 71 MEETING STREET |
| 23 Jan 2023 | £137,353 | £138,000 | 59 MEETING STREET |
| 22 Jul 2022 | £150,405 | £150,000 | 3 MARK AVENUE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 14 May 2020. Using an estimated price of £94,059 means this house is valued at £1,774 per sq meter (£164 per sq foot).
The average size of a house on CINDER WAY is 56 sq meters (611 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Cinder Way |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Cinder Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cinder Way |
| Mar 2024 | Other theft | Under investigation | On or near Archer Close |
| Mar 2024 | Other theft | Under investigation | On or near Archer Close |