£151,219
This estimated value is based upon the latest sale price for the house of £89,500 on 26 Apr 2013. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
There has been one burglary within the last year on or near Lorne Grove
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| Price Paid | Date |
|---|---|
| £89,500 | 26 Apr 2013 |
| £89,500 | 27 Nov 2002 |
| £65,000 | 9 Feb 2001 |
| Terraced |
| Freehold |
| Floor Area: 37 sq meters or 398 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 2013 the House Price Index for WORCESTERSHIRE was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.960%.Applying this 68.960% change to the original purchase price of £89,500 results in an estimated price of approximately £151,219.
| 26 Apr 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 149.7 | 68.960 % | £89,500 | £61,719 | £151,219 |
The Postcode Pricing Model uses changes in average sales price within the DY10 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 | 41.381 % | £37,035 | £126,535 |
| 3 Month Average | 68.867 % | £61,635 | £151,135 |
| 6 Month Average | 61.547 % | £55,084 | £144,584 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £165,072 | £160,000 | 78 LORNE STREET |
| 13 Oct 2023 | £240,461 | £235,000 | 16 LORNE STREET |
| 11 Aug 2023 | £142,571 | £140,000 | 64 LEA STREET |
| 28 Apr 2023 | £122,287 | £120,000 | 112 LEA STREET |
| 18 Jan 2023 | £185,496 | £185,000 | 8 LORNE GROVE |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 14 Nov 2012. Using an estimated price of £151,220 means this house is valued at £4,087 per sq meter (£379 per sq foot).
The average size of a house on LORNE GROVE is 64 sq meters (697 sq feet).
This house is the smallest in the street with a floor area of 37 sq meters (398 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Lorne Grove |
| Sep 2024 | Other crime | Under investigation | On or near Lorne Street |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Lorne Street |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lorne Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Villiers Street |