£433,394
This estimated value is based upon the latest sale price for the house of £365,000 on 28 Sep 2020. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £365,000 | 28 Sep 2020 |
| £250,000 | 15 Apr 2011 |
| £95,000 | 30 Aug 1995 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 September 2020 the House Price Index for WORCESTERSHIRE was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £365,000 results in an estimated price of approximately £433,394.
| 28 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £365,000 | £68,394 | £433,394 |
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 | -34.694 % | £-126,632 | £238,367 |
| 3 Month Average | -23.855 % | £-87,069 | £277,930 |
| 6 Month Average | -12.445 % | £-45,422 | £319,577 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jul 2023 | £240,715 | £237,475 | 43 DAMSON WAY |
| 18 Jul 2023 | £319,297 | £315,000 | 37 DAMSON WAY |
| 16 Feb 2023 | £494,667 | £495,000 | YEWTREE COTTAGE GREY GREEN LANE |
| 6 Feb 2023 | £479,677 | £480,000 | 8 CLARENCE WAY |
| 26 Jan 2023 | £467,796 | £470,000 | 3 MORTIMER GROVE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 18 Jun 2020. Using an estimated price of £433,394 means this house is valued at £3,611 per sq meter (£335 per sq foot).
The average size of a house on GLOUCESTER WAY is 101 sq meters (1,091 sq feet).
This house is the largest in the street with a floor area of 120 sq meters (1,291 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mortimer Grove |
| Mar 2024 | Anti-social behaviour | On or near Gloucester Way | |
| Mar 2024 | Anti-social behaviour | On or near Gloucester Way | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grey Green Lane |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Petrol Station |