£119,262
This estimated value is based upon the latest sale price for the house of £92,000 on 12 May 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £92,000 | 12 May 2017 |
| £97,000 | 19 Dec 2003 |
| £97,000 | 19 Dec 2003 |
| £57,500 | 17 Dec 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 36 sq meters or 387 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 May 2017 the House Price Index for WEST MIDLANDS was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £92,000 results in an estimated price of approximately £119,262.
| 12 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £92,000 | £27,262 | £119,262 |
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 | 58.847 % | £54,139 | £146,139 |
| 3 Month Average | 39.254 % | £36,113 | £128,113 |
| 6 Month Average | 32.045 % | £29,481 | £121,481 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £189,818 | £185,000 | 16 HAZELWOOD ROAD |
| 14 Nov 2023 | £82,084 | £80,000 | FLAT 7 4 ASPEN CLOSE |
| 29 Sep 2023 | £281,199 | £275,000 | 62 WESTLEY ROAD |
| 15 Sep 2023 | £135,487 | £132,500 | FLAT 8 6 SORRELL DRIVE |
| 18 Aug 2023 | £407,347 | £400,000 | 74 WESTLEY ROAD |
This house has a floor area of 36 sq meters or 387 sq feet when measured on 22 Aug 2016. Using an estimated price of £119,262 means this house is valued at £3,312 per sq meter (£307 per sq foot).
The average size of a house on HAZELWOOD ROAD is 108 sq meters (1,163 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sorrel Drive |
| Oct 2024 | Anti-social behaviour | On or near Sorrel Drive | |
| Sep 2024 | Drugs | Local resolution | 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 |