£393,833
This estimated value is based upon the latest sale price for the house of £249,500 on 15 Feb 2008. This value is then adjusted by the current Official House Price Index for DORSET 1
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| Price Paid | Date |
|---|---|
| £249,500 | 15 Feb 2008 |
| £75,000 | 8 Mar 1996 |
| Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,508 sq feet |
This model uses changes in the Official Land Registry House Price Index for DORSET to estimate the market value.
When this house was purchased in February 2008 the House Price Index for DORSET was 94.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.849%.Applying this 57.849% change to the original purchase price of £249,500 results in an estimated price of approximately £393,833.
| 15 Feb 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.8 | 149.7 | 57.849 % | £249,500 | £144,333 | £393,833 |
The Postcode Pricing Model uses changes in average sales price within the SP8 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 | 42.643 % | £106,394 | £355,894 |
| 3 Month Average | 60.567 % | £151,115 | £400,615 |
| 6 Month Average | 50.509 % | £126,019 | £375,519 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £395,000 | £395,000 | 5 SORREL WAY |
| 30 Nov 2023 | £392,462 | £382,500 | 2 SORREL WAY |
| 29 Aug 2023 | £425,678 | £418,000 | ANFIELD POUND LANE |
| 22 Jul 2022 | £439,403 | £435,000 | 40 SORREL WAY |
| 15 Jul 2022 | £396,473 | £392,500 | 29 SORREL WAY |
This house has a floor area of 140 sq meters or 1,508 sq feet when measured on 24 Jan 2011. Using an estimated price of £393,833 means this house is valued at £2,811 per sq meter (£261 per sq foot).
The average size of a house on SORREL WAY is 129 sq meters (1,395 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Ivy Close |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Milford Court |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Milford Court |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Wavering Lane West |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Campion Close |