£411,917
This estimated value is based upon the latest sale price for the house of £342,000 on 20 Mar 2020. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £342,000 | 20 Mar 2020 |
| Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 2020 the House Price Index for WORCESTERSHIRE was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £342,000 results in an estimated price of approximately £411,917.
| 20 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £342,000 | £69,917 | £411,917 |
The Postcode Pricing Model uses changes in average sales price within the WR14 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 | 116.711 % | £399,151 | £741,151 |
| 3 Month Average | 26.514 % | £90,679 | £432,679 |
| 6 Month Average | 27.655 % | £94,580 | £436,580 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £307,887 | £302,500 | 6 GRINDROD PLACE |
| 6 Dec 2023 | £407,123 | £400,000 | 1 GRINDROD PLACE |
| 30 Nov 2023 | £228,381 | £225,000 | 126 BROOK FARM DRIVE |
| 30 Nov 2023 | £219,246 | £216,000 | 99 BROOK FARM DRIVE |
| 25 Sep 2023 | £275,523 | £272,000 | 23 GRINDROD PLACE |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 10 Dec 2018. Using an estimated price of £411,917 means this house is valued at £3,218 per sq meter (£298 per sq foot).
The average size of a house on RAYNER DRIVE is 180 sq meters (1,941 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rayner Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rayner Drive |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Rayner Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marsden Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marsden Crescent |