£90,798
This estimated value is based upon the latest sale price for the house of £75,000 on 25 Oct 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £75,000 | 25 Oct 2019 |
| £61,995 | 19 May 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 574 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 October 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.064%.Applying this 21.064% change to the original purchase price of £75,000 results in an estimated price of approximately £90,798.
| 25 Oct 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 146.7 | 21.064 % | £75,000 | £15,798 | £90,798 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | -11.454 % | £-8,590 | £66,409 |
| 3 Month Average | 16.980 % | £12,734 | £87,734 |
| 6 Month Average | 23.769 % | £17,826 | £92,826 |
This house has a floor area of 53 sq meters or 574 sq feet when measured on 15 Feb 2012.
The average size of a house on WALLACE ROAD is 82 sq meters (884 sq feet).
This house is the smallest in the street with a floor area of 53 sq meters (574 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Awaiting court outcome | On or near Sycamore Place |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sycamore Place |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Sycamore Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sycamore Place |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sycamore Place |