£455,534
This estimated value is based upon the latest sale price for the house of £249,950 on 12 Oct 2005. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £249,950 | 12 Oct 2005 |
| £220,000 | 23 Jul 2003 |
| £138,000 | 10 Aug 2001 |
| Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 October 2005 the House Price Index for WORCESTERSHIRE was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.250%.Applying this 82.250% change to the original purchase price of £249,950 results in an estimated price of approximately £455,534.
| 12 Oct 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.6 | 82.250 % | £249,950 | £205,584 | £455,534 |
The Postcode Pricing Model uses changes in average sales price within the B38 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 | 24.471 % | £61,165 | £311,115 |
| 3 Month Average | 99.785 % | £249,413 | £499,363 |
| 6 Month Average | 101.879 % | £254,645 | £504,595 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £761,271 | £750,000 | 1 GRIMPITS LANE |
| 28 Sep 2023 | £55,712 | £55,000 | 33 WILLMORE GROVE |
| 21 Apr 2023 | £89,463 | £88,500 | 7 WILLMORE GROVE |
| 8 Mar 2023 | £214,016 | £212,000 | 14 FLAX GARDENS |
| 20 May 2022 | £219,129 | £215,000 | 90 WILLMORE GROVE |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 16 Apr 2014. Using an estimated price of £455,535 means this house is valued at £3,253 per sq meter (£302 per sq foot).
The average size of a house on GRIMPITS LANE is 164 sq meters (1,770 sq feet).
This house is the largest in the street with a floor area of 140 sq meters (1,506 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Unable to prosecute suspect | On or near Grimpits Lane |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Longdales Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Selcombe Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Selcombe Way |
| Feb 2024 | Anti-social behaviour | On or near Hole Farm Way |