£292,335
This estimated value is based upon the latest sale price for the house of £197,500 on 15 Apr 2015. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£197,500 | 15 Apr 2015 |
£123,000 | 26 Jan 2001 |
£80,000 | 25 Sep 1998 |
Detached |
Freehold |
Floor Area: 72 sq meters or 775 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 2015 the House Price Index for WORCESTERSHIRE was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £197,500 results in an estimated price of approximately £292,335.
15 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.1 | 149.7 | 48.018 % | £197,500 | £94,835 | £292,335 |
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 | 3.202 % | £6,324 | £203,824 |
3 Month Average | 26.169 % | £51,682 | £249,182 |
6 Month Average | 43.881 % | £86,664 | £284,164 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £214,734 | £210,000 | 61 SPRINGHILL RISE |
16 Feb 2023 | £498,329 | £495,000 | YEWTREE COTTAGE GREY GREEN LANE |
6 Feb 2023 | £74,498 | £74,000 | 8 STANFORD COURT |
6 Feb 2023 | £483,228 | £480,000 | 8 CLARENCE WAY |
26 Jan 2023 | £471,259 | £470,000 | 3 MORTIMER GROVE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 19 Jan 2015. Using an estimated price of £292,336 means this house is valued at £4,060 per sq meter (£377 per sq foot).
The average size of a house on MORTIMER GROVE is 129 sq meters (1,388 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Grey Green Lane |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grey Green Lane |
Jun 2024 | Other crime | Under investigation | On or near Grey Green Lane |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mortimer Grove |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near March Grove |