£206,369
This estimated value is based upon the latest sale price for the house of £140,000 on 18 Mar 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £140,000 | 18 Mar 2015 |
| £60,000 | 2 Nov 2001 |
| Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 March 2015 the House Price Index for WEST MIDLANDS was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £140,000 results in an estimated price of approximately £206,369.
| 18 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £140,000 | £66,369 | £206,369 |
The Postcode Pricing Model uses changes in average sales price within the WS1 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 | 52.504 % | £73,505 | £213,505 |
| 3 Month Average | 14.385 % | £20,139 | £160,139 |
| 6 Month Average | 49.254 % | £68,955 | £208,955 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2022 | £182,786 | £185,000 | 10 DICKINSON DRIVE |
| 26 Sep 2022 | £553,253 | £557,721 | COSTA COFFEE DRIVE THRU MORRISONS WALLOWS LANE |
| 19 Aug 2022 | £149,597 | £150,000 | 1 HILLARY STREET |
| 15 Aug 2022 | £74,799 | £75,000 | 3 HILLARY STREET |
| 19 May 2022 | £157,977 | £155,000 | 44 DICKINSON DRIVE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 19 May 2014. Using an estimated price of £206,369 means this house is valued at £2,715 per sq meter (£252 per sq foot).
The average size of a house on WALLOWS LANE is 180 sq meters (1,944 sq feet).
This house is the smallest in the street with a floor area of 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wallows Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wallows Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wallows Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wallows Lane |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bryan Road |