£542,994
This estimated value is based upon the latest sale price for the house of £319,000 on 12 Jul 2012. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £319,000 | 12 Jul 2012 |
| £315,000 | 19 Oct 2009 |
| £330,000 | 30 Jan 2009 |
| £220,750 | 6 Jul 2001 |
| Detached |
| Freehold |
| Floor Area: 160 sq meters or 1,723 sq feet |
This model uses changes in the Official Land Registry House Price Index for WORCESTERSHIRE to estimate the market value.
When this house was purchased in July 2012 the House Price Index for WORCESTERSHIRE was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.218%.Applying this 70.218% change to the original purchase price of £319,000 results in an estimated price of approximately £542,994.
| 12 Jul 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.218 % | £319,000 | £223,994 | £542,994 |
The Postcode Pricing Model uses changes in average sales price within the WR9 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 | 4.623 % | £14,748 | £333,748 |
| 3 Month Average | 50.413 % | £160,818 | £479,818 |
| 6 Month Average | 71.867 % | £229,255 | £548,255 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £271,012 | £267,000 | 30 SWAN DRIVE |
| 28 Apr 2023 | £333,592 | £330,000 | 51 SWAN DRIVE |
| 20 Feb 2023 | £424,714 | £425,000 | 4 SWAN DRIVE |
| 31 Mar 2022 | £331,604 | £320,000 | 18 SWAN DRIVE |
| 25 Feb 2022 | £498,130 | £475,000 | 12 MALLARD PLACE |
This house has a floor area of 160 sq meters or 1,723 sq feet when measured on 5 Jan 2012. Using an estimated price of £542,995 means this house is valued at £3,392 per sq meter (£315 per sq foot).
The average size of a house on HERON PLACE is 189 sq meters (2,038 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Hanbury Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Swan Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Swan Drive |
| Dec 2023 | Burglary | Under investigation | On or near Swan Drive |
| Dec 2023 | Drugs | Action to be taken by another organisation | On or near Riverside Way |