£257,198
This estimated value is based upon the latest sale price for the house of £207,000 on 19 Jul 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Wallace Road
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £207,000 | 19 Jul 2019 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 July 2019 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £207,000 results in an estimated price of approximately £257,198.
| 19 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £207,000 | £50,198 | £257,198 |
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 | 22.667 % | £46,920 | £253,920 |
| 3 Month Average | 15.876 % | £32,863 | £239,863 |
| 6 Month Average | 17.042 % | £35,276 | £242,276 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £182,000 | £182,000 | 24 STEVENSON ROAD |
| 4 Apr 2024 | £201,752 | £200,000 | 18 DICKENS ROAD |
| 25 Mar 2024 | £233,589 | £230,000 | 19 HARDY ROAD |
| 6 Oct 2023 | £255,810 | £250,000 | 58 WALLACE ROAD |
| 24 Mar 2023 | £287,806 | £283,000 | 53 WALLACE ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 4 Apr 2019. Using an estimated price of £257,198 means this house is valued at £2,956 per sq meter (£274 per sq foot).
The average size of a house on WALLACE ROAD is 91 sq meters (989 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wallace Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wallace Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wallace Road |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Wallace Road |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Wallace Road |