£145,901
This estimated value is based upon the latest sale price for the house of £44,000 on 2 Aug 2001. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £44,000 | 2 Aug 2001 |
| Terraced |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 2001 the House Price Index for WORCESTERSHIRE was 44.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 231.594%.Applying this 231.594% change to the original purchase price of £44,000 results in an estimated price of approximately £145,901.
| 2 Aug 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.8 | 148.6 | 231.594 % | £44,000 | £101,901 | £145,901 |
The Postcode Pricing Model uses changes in average sales price within the DY11 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 | 128.444 % | £56,515 | £100,515 |
| 3 Month Average | 157.195 % | £69,165 | £113,165 |
| 6 Month Average | 186.839 % | £82,209 | £126,209 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £222,951 | £219,950 | 45 PARK LANE |
| 2 Mar 2023 | £105,999 | £105,000 | FLAT 3 127 PARK LANE |
| 2 Feb 2023 | £129,913 | £130,000 | FLAT 21 CASTLE LOCKS CASTLE ROAD |
| 31 Jan 2023 | £121,926 | £122,500 | FLAT 41 CASTLE LOCKS CASTLE ROAD |
| 2 Nov 2022 | £207,487 | £210,000 | 2 THE WATERFRONT PARK LANE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 9 Jun 2021. Using an estimated price of £145,901 means this house is valued at £1,226 per sq meter (£113 per sq foot).
The average size of a house on PARK LANE is 96 sq meters (1,037 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Lane |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Park Lane |
| Mar 2024 | Shoplifting | Under investigation | On or near Park Lane |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Park Lane |
| Mar 2024 | Other theft | Under investigation | On or near Park Lane |