£397,920
This estimated value is based upon the latest sale price for the house of £307,000 on 22 Mar 2017. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £307,000 | 22 Mar 2017 |
| 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 March 2017 the House Price Index for WORCESTERSHIRE was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £307,000 results in an estimated price of approximately £397,920.
| 22 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £307,000 | £90,920 | £397,920 |
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 | 105.702 % | £324,505 | £631,505 |
| 3 Month Average | 5.733 % | £17,600 | £324,600 |
| 6 Month Average | 8.160 % | £25,051 | £332,051 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £173,027 | £170,000 | SOUTHSIDE COTTAGE DOG LANE |
| 23 Nov 2023 | £10,150 | £10,000 | 1 HAFREN COURT |
| 21 Jul 2023 | £304,093 | £300,000 | BRAEBURN COTTAGE PARK LANE |
| 17 Jul 2023 | £96,296 | £95,000 | FLAT 3 35 LOAD STREET |
| 16 Mar 2023 | £464,375 | £460,000 | 14 LOAD STREET |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 10 Feb 2016. Using an estimated price of £397,921 means this house is valued at £2,842 per sq meter (£264 per sq foot).
The average size of a house on PARK LANE is 142 sq meters (1,528 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Mar 2024 | Anti-social behaviour | On or near Supermarket | |
| Mar 2024 | Anti-social behaviour | On or near Supermarket |