£188,708
This estimated value is based upon the latest sale price for the house of £120,000 on 28 Sep 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,000 | 28 Sep 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 September 2007 the House Price Index for WEST MIDLANDS was 95.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.257%.Applying this 57.257% change to the original purchase price of £120,000 results in an estimated price of approximately £188,708.
| 28 Sep 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 149.7 | 57.257 % | £120,000 | £68,708 | £188,708 |
The Postcode Pricing Model uses changes in average sales price within the B69 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 | 154.740 % | £185,688 | £305,688 |
| 3 Month Average | 73.048 % | £87,657 | £207,657 |
| 6 Month Average | 39.489 % | £47,386 | £167,386 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £64,128 | £62,500 | FLAT 18 ALSTON HOUSE WALLACE CLOSE |
| 6 Oct 2023 | £266,042 | £260,000 | 97 IVY HOUSE ROAD |
| 30 Jun 2023 | £210,213 | £206,000 | 26 IVY HOUSE ROAD |
| 23 Jun 2023 | £222,458 | £218,000 | 48 WALLACE ROAD |
| 23 Feb 2023 | £188,258 | £187,000 | 115 IVY HOUSE ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 13 Aug 2013. Using an estimated price of £188,708 means this house is valued at £2,301 per sq meter (£213 per sq foot).
The average size of a house on WALLACE ROAD is 84 sq meters (906 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Ivy House Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Ivy House Road |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Ivy House Road |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Ivy House Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Ivy House Road |