£270,310
This estimated value is based upon the latest sale price for the house of £150,000 on 1 Dec 2005. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
There has been one burglary within the last year on or near Severn Way
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| Price Paid | Date |
|---|---|
| £150,000 | 1 Dec 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 December 2005 the House Price Index for WORCESTERSHIRE was 82.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.207%.Applying this 80.207% change to the original purchase price of £150,000 results in an estimated price of approximately £270,310.
| 1 Dec 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 148.6 | 80.207 % | £150,000 | £120,310 | £270,310 |
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 | 116.268 % | £174,401 | £324,401 |
| 3 Month Average | 37.703 % | £56,555 | £206,555 |
| 6 Month Average | 40.223 % | £60,334 | £210,334 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £285,223 | £281,000 | 31 WATERLOO ROAD |
| 1 Sep 2023 | £230,446 | £227,500 | 40 WATERLOO ROAD |
| 18 Aug 2023 | £302,597 | £299,950 | 18 PINETREE ROAD |
| 3 Mar 2023 | £288,215 | £285,500 | 26 SEVERN WAY |
| 19 Oct 2022 | £277,017 | £280,000 | 11 PINETREE ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 22 Jul 2021. Using an estimated price of £270,310 means this house is valued at £3,337 per sq meter (£310 per sq foot).
The average size of a house on SEVERN WAY is 82 sq meters (887 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Severn Way |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Cleobury Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Orchard |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Early River Place |
| Mar 2024 | Drugs | Unable to prosecute suspect | On or near Early River Place |