£212,391
This estimated value is based upon the latest sale price for the house of £133,000 on 11 May 2007. 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 Wallace Road
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| Price Paid | Date |
|---|---|
| £133,000 | 11 May 2007 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 May 2007 the House Price Index for WEST MIDLANDS was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £133,000 results in an estimated price of approximately £212,391.
| 11 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 148.6 | 59.693 % | £133,000 | £79,391 | £212,391 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 38.649 % | £51,402 | £184,402 |
| 3 Month Average | 58.450 % | £77,738 | £210,738 |
| 6 Month Average | 62.145 % | £82,652 | £215,652 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £209,681 | £207,000 | 26 DICKENS ROAD |
| 20 Jun 2022 | £220,111 | £217,000 | 76 WALLACE ROAD |
| 17 Mar 2022 | £271,501 | £262,000 | 48 WALLACE ROAD |
| 31 Jan 2022 | £226,268 | £215,000 | 16 KERESLEY ROAD |
| 7 Jan 2022 | £273,626 | £260,000 | 127 ADDISON ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 30 Oct 2012. Using an estimated price of £212,391 means this house is valued at £2,622 per sq meter (£243 per sq foot).
The average size of a house on WALLACE ROAD is 91 sq meters (989 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Wallace Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wallace Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wallace Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Wallace Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Keresley Road |