£531,559
This estimated value is based upon the latest sale price for the house of £492,500 on 10 Dec 2021. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £492,500 | 10 Dec 2021 |
| £385,000 | 24 Jan 2014 |
| £145,500 | 27 Nov 1998 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 December 2021 the House Price Index for WORCESTERSHIRE was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £492,500 results in an estimated price of approximately £531,559.
| 10 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £492,500 | £39,059 | £531,559 |
The Postcode Pricing Model uses changes in average sales price within the WR11 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 | 9.057 % | £44,603 | £537,103 |
| 3 Month Average | 6.030 % | £29,698 | £522,198 |
| 6 Month Average | 2.890 % | £14,231 | £506,731 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 May 2022 | £472,304 | £460,000 | 6 SHANNON WAY |
| 14 Apr 2022 | £383,846 | £370,000 | 28 WISTERIA DRIVE |
| 1 Apr 2022 | £285,291 | £275,000 | 48 SHANNON WAY |
| 31 Mar 2022 | £365,377 | £350,000 | 107 BADSEY LANE |
| 31 Mar 2022 | £454,111 | £435,000 | 10 SHANNON WAY |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 4 Jul 2013. Using an estimated price of £531,559 means this house is valued at £5,160 per sq meter (£479 per sq foot).
The average size of a house on TYNE DRIVE is 121 sq meters (1,306 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shannon Way |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Conwy Drive |
| Oct 2024 | Burglary | Unable to prosecute suspect | On or near Hollyhocks Close |
| Oct 2024 | Burglary | Unable to prosecute suspect | On or near Hollyhocks Close |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Hollyhocks Close |