£311,320
This estimated value is based upon the latest sale price for the house of £249,999 on 1 May 2019. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£249,999 | 1 May 2019 |
£86,000 | 4 Sep 1998 |
Semi-Detached |
Freehold |
Floor Area: 103 sq meters or 1,108 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 2019 the House Price Index for WORCESTERSHIRE was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £249,999 results in an estimated price of approximately £311,320.
1 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 149.7 | 24.529 % | £249,999 | £61,321 | £311,320 |
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 | 10.797 % | £26,992 | £276,991 |
3 Month Average | 21.623 % | £54,058 | £304,057 |
6 Month Average | 30.672 % | £76,678 | £326,677 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Aug 2023 | £341,153 | £335,000 | 27 LAXTON DRIVE |
30 Jun 2023 | £321,442 | £315,000 | 22 ELLESMERE DRIVE |
31 Aug 2022 | £358,677 | £357,000 | 11 RUSSETT WAY |
31 Mar 2022 | £219,226 | £210,000 | 5 ELLESMERE DRIVE |
26 Jan 2022 | £1,457,773 | £1,375,000 | HITTER HILL DRYMILL LANE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 29 Aug 2018. Using an estimated price of £311,321 means this house is valued at £3,022 per sq meter (£280 per sq foot).
The average size of a house on RUSSETT WAY is 116 sq meters (1,258 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Newton Close |
Jun 2024 | Public order | Unable to prosecute suspect | On or near Bramley Way |
Jul 2024 | Burglary | 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 |