£28,341
This estimated value is based upon the latest sale price for the house of £23,000 on 19 May 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £23,000 | 19 May 2020 |
| Freehold |
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 May 2020 the House Price Index for WEST MIDLANDS was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £23,000 results in an estimated price of approximately £28,341.
| 19 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £23,000 | £5,341 | £28,341 |
The Postcode Pricing Model uses changes in average sales price within the B27 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 | 107.106 % | £24,634 | £47,634 |
| 3 Month Average | 21.422 % | £4,927 | £27,927 |
| 6 Month Average | 28.700 % | £6,600 | £29,600 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £135,487 | £132,500 | FLAT 8 6 SORRELL DRIVE |
| 17 Feb 2023 | £156,042 | £155,000 | FLAT 5 2 SORRELL DRIVE |
| 24 Jun 2022 | £408,737 | £400,000 | 10 BOTTEVILLE ROAD |
| 23 Oct 2020 | £330,895 | £280,000 | 2 HAZELWOOD ROAD |
| 28 Aug 2020 | £229,509 | £190,000 | 65 SHIRLEY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Sorrel Drive | |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sorrel Drive |
| Sep 2024 | Drugs | Local resolution | On or near Sorrel Drive |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Sorrel Drive |
| Sep 2024 | Drugs | Local resolution | On or near Sorrel Drive |