£404,479
This estimated value is based upon the latest sale price for the house of £344,800 on 15 Oct 2020. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£344,800 | 15 Oct 2020 |
£172,500 | 10 Oct 2014 |
Semi-Detached |
Freehold |
Floor Area: 123 sq meters or 1,323 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 October 2020 the House Price Index for WORCESTERSHIRE was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £344,800 results in an estimated price of approximately £404,479.
15 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 148.6 | 17.308 % | £344,800 | £59,679 | £404,479 |
The Postcode Pricing Model uses changes in average sales price within the WR3 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 | 28.007 % | £96,568 | £441,368 |
3 Month Average | 16.067 % | £55,399 | £400,199 |
6 Month Average | 12.856 % | £44,328 | £389,128 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jun 2023 | £367,957 | £363,500 | 4 ELIZABETH AVENUE |
16 Mar 2023 | £393,709 | £390,000 | 15 ST MICHAELS ROAD |
9 Jun 2022 | £527,454 | £520,000 | 22 MORRIN CLOSE |
22 Apr 2022 | £344,983 | £335,000 | 48 CORNMEADOW LANE |
9 Mar 2022 | £388,598 | £375,000 | 20 ELIZABETH AVENUE |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 8 Jul 2020. Using an estimated price of £404,479 means this house is valued at £3,288 per sq meter (£305 per sq foot).
The average size of a house on CORNMEADOW LANE is 106 sq meters (1,146 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Elizabeth Avenue |
Jan 2024 | Anti-social behaviour | On or near The Grove | |
Jan 2024 | Anti-social behaviour | On or near The Grove | |
Jan 2024 | Anti-social behaviour | On or near The Grove | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Cornmeadow Lane |