£240,776
This estimated value is based upon the latest sale price for the house of £159,000 on 13 Aug 2014. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £159,000 | 13 Aug 2014 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 August 2014 the House Price Index for WORCESTERSHIRE was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £159,000 results in an estimated price of approximately £240,776.
| 13 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £159,000 | £81,776 | £240,776 |
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 | 29.693 % | £47,211 | £206,211 |
| 3 Month Average | 11.899 % | £18,918 | £177,918 |
| 6 Month Average | 41.346 % | £65,739 | £224,739 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Oct 2022 | £281,964 | £285,000 | 154A REDSTONE LANE |
| 28 Feb 2022 | £246,443 | £235,000 | 150 REDSTONE LANE |
| 18 Feb 2022 | £235,956 | £225,000 | 29 CHESSHIRE AVENUE |
| 10 Dec 2021 | £216,418 | £202,000 | 109 REDSTONE LANE |
| 9 Dec 2021 | £93,746 | £87,500 | 43 PRINCESS WAY |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 18 Nov 2013. Using an estimated price of £240,777 means this house is valued at £2,617 per sq meter (£243 per sq foot).
The average size of a house on REDSTONE LANE is 88 sq meters (955 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chesshire Close |