£298,683
This estimated value is based upon the latest sale price for the house of £176,500 on 23 Nov 2012. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £176,500 | 23 Nov 2012 |
| Terraced |
| Leasehold |
| Floor Area: 118 sq meters or 1,278 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 November 2012 the House Price Index for WORCESTERSHIRE was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £176,500 results in an estimated price of approximately £298,683.
| 23 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £176,500 | £122,183 | £298,683 |
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 | 24.705 % | £43,604 | £220,104 |
| 3 Month Average | 33.037 % | £58,311 | £234,811 |
| 6 Month Average | 53.706 % | £94,791 | £271,291 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2023 | £546,621 | £540,000 | FLAT 1 LICHFIELD HOUSE, 4 LICHFIELD STREET |
| 13 Feb 2023 | £247,334 | £247,500 | 11 LARCH WAY |
| 16 Jan 2023 | £261,269 | £262,500 | 19 LARCH WAY |
| 26 Aug 2022 | £174,032 | £174,500 | FLAT 4 RIVER VIEW LARCH WAY |
| 22 Jul 2022 | £129,348 | £129,000 | FLAT 14 WATERFALL HOUSE WATERS EDGE |
This house has a floor area of 118 sq meters or 1,278 sq feet when measured on 10 Nov 2011. Using an estimated price of £298,683 means this house is valued at £2,514 per sq meter (£233 per sq foot).
The average size of a house on LARCH WAY is 78 sq meters (840 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bell Row |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waters Edge |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Waters Edge |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Waters Edge |