£230,625
This estimated value is based upon the latest sale price for the house of £180,000 on 27 Jun 2017. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £180,000 | 27 Jun 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 June 2017 the House Price Index for WORCESTERSHIRE was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £180,000 results in an estimated price of approximately £230,625.
| 27 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £180,000 | £50,625 | £230,625 |
The Postcode Pricing Model uses changes in average sales price within the DY13 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 | 30.115 % | £54,206 | £234,206 |
| 3 Month Average | 9.775 % | £17,594 | £197,594 |
| 6 Month Average | 32.269 % | £58,084 | £238,084 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £177,267 | £175,000 | 6 LODGE COTTAGES |
| 19 Jun 2023 | £546,621 | £540,000 | FLAT 1 LICHFIELD HOUSE, 4 LICHFIELD STREET |
| 24 Mar 2023 | £247,330 | £245,000 | 3 PARKES QUAY |
| 24 Mar 2023 | £131,236 | £130,000 | 8 VILLENEUVE MEWS |
| 31 Jan 2023 | £303,570 | £305,000 | 30 SEVERN ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 29 Oct 2014. Using an estimated price of £230,626 means this house is valued at £2,059 per sq meter (£191 per sq foot).
There is one other house on the street which we know the size of, this is 4 LODGE ROAD it is 130.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lion Hill |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lion Hill |
| Jan 2024 | Anti-social behaviour | On or near Lion Hill | |
| Jan 2024 | Anti-social behaviour | On or near Lion Hill | |
| Jan 2024 | Anti-social behaviour | On or near Lion Hill |