£118,147
This estimated value is based upon the latest sale price for the house of £95,500 on 26 Mar 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £95,500 | 26 Mar 2018 |
| £90,000 | 3 Dec 2004 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2018 the House Price Index for WEST MIDLANDS was 118.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.715%.Applying this 23.715% change to the original purchase price of £95,500 results in an estimated price of approximately £118,147.
| 26 Mar 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 146.7 | 23.715 % | £95,500 | £22,647 | £118,147 |
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 | -3.582 % | £-3,420 | £92,079 |
| 3 Month Average | 27.150 % | £25,927 | £121,427 |
| 6 Month Average | 31.408 % | £29,994 | £125,494 |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 11 Feb 2018.
The average size of a house on WALLACE ROAD is 82 sq meters (884 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bellevue Road |
| Jan 2024 | Possession of weapons | Awaiting court outcome | On or near Bellevue Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bellevue Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pace Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pace Crescent |