£254,413
This estimated value is based upon the latest sale price for the house of £150,000 on 29 Jun 2012. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £150,000 | 29 Jun 2012 |
| Detached |
| Freehold |
| Floor Area: 57 sq meters or 613 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 June 2012 the House Price Index for WORCESTERSHIRE was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £150,000 results in an estimated price of approximately £254,413.
| 29 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.609 % | £150,000 | £104,413 | £254,413 |
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 | -23.778 % | £-35,667 | £114,332 |
| 3 Month Average | 35.025 % | £52,537 | £202,537 |
| 6 Month Average | 46.701 % | £70,051 | £220,051 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £297,604 | £295,000 | 20 LINGFIELD ROAD |
| 21 Jul 2023 | £267,095 | £263,500 | FLAT 4 WARSTONE HOUSE WARSTONE MEADOWS |
| 5 Jun 2023 | £273,311 | £270,000 | 24 LINGFIELD ROAD |
| 2 Jun 2023 | £344,169 | £340,000 | 26 LINGFIELD ROAD |
| 18 Apr 2023 | £657,075 | £650,000 | 14 THRELFALL DRIVE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 30 Mar 2015. Using an estimated price of £254,414 means this house is valued at £4,463 per sq meter (£414 per sq foot).
The average size of a house on MEADOW RISE is 80 sq meters (869 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Rise |
| Dec 2023 | Other crime | Unable to prosecute suspect | On or near Meadow Rise |
| Dec 2023 | Other crime | Unable to prosecute suspect | On or near Meadow Rise |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Rise |
| Jan 2024 | Burglary | Under investigation | On or near Warstone Meadows |