£343,088
This estimated value is based upon the latest sale price for the house of £250,000 on 29 Jan 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £250,000 | 29 Jan 2016 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 January 2016 the House Price Index for WEST MIDLANDS was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £250,000 results in an estimated price of approximately £343,088.
| 29 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £250,000 | £93,088 | £343,088 |
The Postcode Pricing Model uses changes in average sales price within the DY3 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 | 140.668 % | £351,670 | £601,670 |
| 3 Month Average | 53.579 % | £133,947 | £383,947 |
| 6 Month Average | 49.271 % | £123,176 | £373,176 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £196,721 | £195,000 | 13 SANDFIELD GROVE |
| 11 Aug 2023 | £201,765 | £200,000 | 24 SANDFIELD GROVE |
| 8 Aug 2023 | £201,765 | £200,000 | 22 FLAVELLS LANE |
| 8 Aug 2023 | £219,420 | £217,500 | 12 SANDFIELD GROVE |
| 7 Oct 2022 | £214,688 | £217,000 | 20 MAPLE DRIVE |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 27 Oct 2014. Using an estimated price of £343,089 means this house is valued at £3,206 per sq meter (£297 per sq foot).
The average size of a house on CINDER ROAD is 100 sq meters (1,085 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cinder Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cinder Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandfield Grove |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Sandfield Grove |
| Mar 2024 | Vehicle crime | Under investigation | On or near Brookbank Road |