£797,531
This estimated value is based upon the latest sale price for the house of £655,000 on 31 Jul 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Pedmore Court Road
More crime details
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| Price Paid | Date |
|---|---|
| £655,000 | 31 Jul 2019 |
| £150,000 | 23 Oct 1997 |
| Detached |
| Freehold |
| Floor Area: 240 sq meters or 2,583 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 July 2019 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.760%.Applying this 21.760% change to the original purchase price of £655,000 results in an estimated price of approximately £797,531.
| 31 Jul 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 146.7 | 21.760 % | £655,000 | £142,531 | £797,531 |
The Postcode Pricing Model uses changes in average sales price within the DY8 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 | 55.798 % | £365,476 | £1,020,476 |
| 3 Month Average | 28.993 % | £189,901 | £844,901 |
| 6 Month Average | 27.396 % | £179,446 | £834,446 |
This house has a floor area of 240 sq meters or 2,583 sq feet when measured on 20 May 2019.
The average size of a house on WORCESTER LANE is 157 sq meters (1,694 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Pedmore Court Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Portland Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Portland Drive |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Hagley Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Landsgate |