£165,746
This estimated value is based upon the latest sale price for the house of £145,000 on 16 Dec 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£145,000 | 16 Dec 2020 |
£134,995 | 5 May 2017 |
Semi-Detached |
Freehold |
Floor Area: 62 sq meters or 667 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 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £145,000 results in an estimated price of approximately £165,746.
16 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 148.0 | 14.308 % | £145,000 | £20,746 | £165,746 |
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 | 52.121 % | £75,574 | £220,574 |
3 Month Average | 15.932 % | £23,101 | £168,101 |
6 Month Average | 17.146 % | £24,861 | £169,861 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Dec 2023 | £177,355 | £174,000 | 3 WALNUT CLOSE |
10 Nov 2023 | £172,211 | £170,000 | 9 ELDER ROAD |
3 Nov 2023 | £246,160 | £243,000 | 5 WALNUT CLOSE |
24 Mar 2023 | £200,082 | £199,000 | 4 RALEIGH ROAD |
17 Jun 2022 | £303,072 | £300,000 | 42 ELDER ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 26 Jun 2020. Using an estimated price of £165,746 means this house is valued at £2,673 per sq meter (£248 per sq foot).
The average size of a house on SORBUS STREET is 79 sq meters (853 sq feet).
This house is the smallest in the street with a floor area of 62 sq meters (667 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Sorrel Drive |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Maple Grove |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Maple Grove |
Mar 2024 | Violence and sexual offences | Local resolution | On or near Maple Grove |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maple Grove |