£300,680
This estimated value is based upon the latest sale price for the house of £235,000 on 29 Aug 2017. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £235,000 | 29 Aug 2017 |
| £75,000 | 6 Feb 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 August 2017 the House Price Index for WORCESTERSHIRE was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £235,000 results in an estimated price of approximately £300,680.
| 29 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £235,000 | £65,680 | £300,680 |
The Postcode Pricing Model uses changes in average sales price within the DY12 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 | -5.935 % | £-13,947 | £221,052 |
| 3 Month Average | 6.629 % | £15,578 | £250,578 |
| 6 Month Average | 22.519 % | £52,920 | £287,920 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £108,329 | £105,000 | 35A THE LAKES ROAD |
| 16 Aug 2023 | £341,153 | £335,000 | 27 LAXTON DRIVE |
| 30 Jun 2023 | £321,442 | £315,000 | 22 ELLESMERE DRIVE |
| 31 Mar 2022 | £219,226 | £210,000 | 5 ELLESMERE DRIVE |
| 30 Jun 2021 | £351,282 | £325,000 | 8 NEWTON CLOSE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 3 May 2017. Using an estimated price of £300,680 means this house is valued at £3,806 per sq meter (£353 per sq foot).
The average size of a house on DERWENT DRIVE is 93 sq meters (1,005 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Newton Close |
| Jul 2024 | Theft from the person | Under investigation | On or near The Lakes Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Lakes Road |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near The Lakes Road |
| Jul 2024 | Burglary | Under investigation | On or near The Lakes Road |