£393,507
This estimated value is based upon the latest sale price for the house of £249,995 on 25 Mar 2014. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £249,995 | 25 Mar 2014 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 March 2014 the House Price Index for WORCESTERSHIRE was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £249,995 results in an estimated price of approximately £393,507.
| 25 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 148.6 | 57.406 % | £249,995 | £143,512 | £393,507 |
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 | 29.234 % | £73,084 | £323,079 |
| 3 Month Average | 16.926 % | £42,314 | £292,309 |
| 6 Month Average | 50.935 % | £127,334 | £377,329 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £197,930 | £195,000 | 4 GALA DRIVE |
| 3 Aug 2023 | £322,824 | £320,000 | 29 CONFERENCE WAY |
| 16 Jun 2023 | £266,731 | £263,500 | 8 BURLISH CLOSE |
| 12 Apr 2023 | £323,483 | £320,000 | 18 WOODBURY ROAD NORTH |
| 10 Feb 2023 | £199,816 | £199,950 | 8 GALA DRIVE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 7 Mar 2014. Using an estimated price of £393,508 means this house is valued at £3,363 per sq meter (£312 per sq foot).
The average size of a house on CONFERENCE WAY is 127 sq meters (1,370 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Conference Way |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Gala Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gala Drive |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Cortland Way |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cortland Way |