£834,331
This estimated value is based upon the latest sale price for the house of £675,000 on 27 Sep 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £675,000 | 27 Sep 2019 |
| £485,000 | 18 Jan 2018 |
| Detached |
| Freehold |
| Floor Area: 187 sq meters or 2,012 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in September 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £675,000 results in an estimated price of approximately £834,331.
| 27 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £675,000 | £159,331 | £834,331 |
The Postcode Pricing Model uses changes in average sales price within the DY9 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 | -14.087 % | £-95,088 | £579,911 |
| 3 Month Average | 24.027 % | £162,181 | £837,181 |
| 6 Month Average | 23.337 % | £157,524 | £832,524 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £1,186,958 | £1,160,000 | 8 REDLAKE DRIVE |
| 6 Oct 2023 | £542,368 | £530,050 | 11 TYE GARDENS |
| 23 Aug 2023 | £656,847 | £645,000 | 21 BELL MEADOW |
| 11 Aug 2023 | £875,796 | £860,000 | 115 WORCESTER LANE |
| 22 Jun 2023 | £1,224,540 | £1,200,000 | 6 LANDSGATE |
This house has a floor area of 187 sq meters or 2,012 sq feet when measured on 20 Apr 2017. Using an estimated price of £834,331 means this house is valued at £4,461 per sq meter (£414 per sq foot).
The average size of a house on WORCESTER LANE is 252 sq meters (2,719 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Roberts Lane |
| Jun 2024 | Anti-social behaviour | On or near Stuarts Green | |
| Jun 2024 | Anti-social behaviour | On or near Stuarts Green | |
| Jun 2024 | Anti-social behaviour | On or near Stuarts Green | |
| Jun 2024 | Anti-social behaviour | On or near Greenroyde |