£554,116
This estimated value is based upon the latest sale price for the house of £450,000 on 1 May 2018. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £450,000 | 1 May 2018 |
| £265,000 | 18 Oct 2012 |
| £265,000 | 18 Oct 2012 |
| £142,000 | 9 Aug 1996 |
| Detached |
| Freehold |
| Floor Area: 177 sq meters or 1,905 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 May 2018 the House Price Index for WORCESTERSHIRE was 119.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.137%.Applying this 23.137% change to the original purchase price of £450,000 results in an estimated price of approximately £554,116.
| 1 May 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 146.7 | 23.137 % | £450,000 | £104,116 | £554,116 |
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 | -10.734 % | £-48,303 | £401,696 |
| 3 Month Average | -0.119 % | £-535 | £449,464 |
| 6 Month Average | 23.605 % | £106,223 | £556,223 |
This house has a floor area of 177 sq meters or 1,905 sq feet when measured on 7 Apr 2014.
The average size of a house on HANLEY ROAD is 132 sq meters (1,428 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Under investigation | On or near Hanley Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hanley Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Rothwell Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Rothwell Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Grundy'S Lane |