£398,739
This estimated value is based upon the latest sale price for the house of £320,000 on 7 Aug 2018. This value is then adjusted by the current Official House Price Index for DORSET 1
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| Price Paid | Date |
|---|---|
| £320,000 | 7 Aug 2018 |
| £73,000 | 3 Apr 1996 |
| Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 August 2018 the House Price Index for DORSET was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £320,000 results in an estimated price of approximately £398,739.
| 7 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £320,000 | £78,739 | £398,739 |
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 | -4.960 % | £-15,872 | £304,127 |
| 3 Month Average | 15.132 % | £48,421 | £368,421 |
| 6 Month Average | 23.273 % | £74,472 | £394,472 |
| 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 108 sq meters or 1,162 sq feet when measured on 5 Feb 2018. Using an estimated price of £398,739 means this house is valued at £3,692 per sq meter (£343 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 |