£1,753,343
This estimated value is based upon the latest sale price for the house of £1,450,000 on 3 Jul 2020. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £1,450,000 | 3 Jul 2020 |
| £1,450,000 | 3 Jul 2020 |
| Freehold |
| Floor Area: 747 sq meters or 8,040 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 July 2020 the House Price Index for WORCESTERSHIRE was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £1,450,000 results in an estimated price of approximately £1,753,343.
| 3 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £1,450,000 | £303,343 | £1,753,343 |
The Postcode Pricing Model uses changes in average sales price within the DY10 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 | 12.911 % | £187,216 | £1,637,216 |
| 3 Month Average | 7.363 % | £106,758 | £1,556,758 |
| 6 Month Average | 18.587 % | £269,513 | £1,719,513 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jun 2023 | £523,845 | £517,500 | 33 BIRMINGHAM ROAD |
| 26 Apr 2023 | £1,991,442 | £1,970,000 | AUTUMN COTTAGE CHURCHILL LANE |
| 7 Nov 2022 | £716,323 | £725,000 | 11A WANNERTON ROAD |
| 4 May 2022 | £1,949,228 | £1,912,500 | TUDOR HOUSE, 3 NEW WOOD LANE |
| 1 Mar 2022 | £445,593 | £430,000 | 3 BIRMINGHAM ROAD |
This house has a floor area of 747 sq meters or 8,040 sq feet when measured on 15 Jan 2019. Using an estimated price of £1,753,344 means this house is valued at £2,347 per sq meter (£218 per sq foot).
There is one other house on the street which we know the size of, this is WANNERTON DOWN WANNERTON it is 313.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Birmingham Road |
| Feb 2024 | Drugs | Local resolution | On or near New Wood Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Perriford Lane |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Apr 2024 | Public order | Under investigation | On or near Birmingham Road |