£220,835
This estimated value is based upon the latest sale price for the house of £191,000 on 23 Dec 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £191,000 | 23 Dec 2020 |
| £152,750 | 14 Jul 2017 |
| £162,000 | 6 Jul 2007 |
| £79,000 | 26 Jun 2000 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 December 2020 the House Price Index for WEST MIDLANDS was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £191,000 results in an estimated price of approximately £220,835.
| 23 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £191,000 | £29,835 | £220,835 |
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 | 6.947 % | £13,268 | £204,268 |
| 3 Month Average | 13.420 % | £25,632 | £216,632 |
| 6 Month Average | 16.835 % | £32,154 | £223,154 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £242,102 | £240,000 | 123 ADDISON ROAD |
| 12 Dec 2023 | £328,081 | £318,000 | 146 ADDISON ROAD |
| 8 Dec 2023 | £257,926 | £250,000 | 118 ADDISON ROAD |
| 6 Oct 2023 | £255,810 | £250,000 | 58 WALLACE ROAD |
| 15 Sep 2023 | £211,666 | £207,000 | 26 DICKENS ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 13 Jan 2014. Using an estimated price of £220,836 means this house is valued at £2,144 per sq meter (£199 per sq foot).
The average size of a house on WALLACE ROAD is 91 sq meters (989 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Wallace Road |
| Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near Wallace Road |
| Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near Wallace Road |
| May 2024 | Vehicle crime | Unable to prosecute suspect | On or near Wallace Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wallace Road |