£779,509
This estimated value is based upon the latest sale price for the house of £455,000 on 11 Apr 2011. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £455,000 | 11 Apr 2011 |
| £199,950 | 19 Jul 1999 |
| £35,000 | 28 Jul 1995 |
| Detached |
| Freehold |
| Floor Area: 199 sq meters or 2,142 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 April 2011 the House Price Index for WORCESTERSHIRE was 86.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.321%.Applying this 71.321% change to the original purchase price of £455,000 results in an estimated price of approximately £779,509.
| 11 Apr 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 148.6 | 71.321 % | £455,000 | £324,509 | £779,509 |
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 | 116.014 % | £527,864 | £982,864 |
| 3 Month Average | 14.658 % | £66,692 | £521,692 |
| 6 Month Average | 26.462 % | £120,404 | £575,404 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £379,857 | £375,000 | 41 FOREST CLOSE |
| 20 Jun 2023 | £642,786 | £635,000 | 30 PARK LANE |
| 6 Jan 2023 | £253,804 | £255,000 | 92 WYRE HILL |
| 26 Apr 2022 | £221,407 | £215,000 | 121 WYRE HILL |
| 11 Feb 2022 | £267,417 | £255,000 | 6 FOREST CLOSE |
This house has a floor area of 199 sq meters or 2,142 sq feet when measured on 6 Jul 2010. Using an estimated price of £779,510 means this house is valued at £3,915 per sq meter (£363 per sq foot).
The average size of a house on PARK LANE is 142 sq meters (1,528 sq feet).
This house is the largest in the street with a floor area of 199 sq meters (2,142 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wyre Hill |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Wyre Hill |
| Feb 2024 | Burglary | Under investigation | On or near Fort-Mahon Place |
| Apr 2024 | Anti-social behaviour | On or near Winbrook | |
| Jan 2024 | Other crime | Under investigation | On or near Muskoka |