£274,464
This estimated value is based upon the latest sale price for the house of £235,000 on 4 Nov 2020. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £235,000 | 4 Nov 2020 |
| Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 November 2020 the House Price Index for WORCESTERSHIRE was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £235,000 results in an estimated price of approximately £274,464.
| 4 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £235,000 | £39,464 | £274,464 |
The Postcode Pricing Model uses changes in average sales price within the WR14 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 | -15.384 % | £-36,152 | £198,847 |
| 3 Month Average | 6.842 % | £16,077 | £251,077 |
| 6 Month Average | 15.893 % | £37,349 | £272,349 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jul 2024 | £254,000 | £254,000 | 27 TAYSON WAY |
| 22 May 2024 | £350,000 | £350,000 | 12A EASTWARD ROAD |
| 20 Nov 2023 | £328,334 | £320,000 | 44 TANHOUSE LANE |
| 8 Sep 2023 | £270,973 | £265,000 | 37 TANHOUSE LANE |
| 25 Aug 2023 | £241,353 | £237,000 | 16 TAYSON WAY |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 9 Oct 2018. Using an estimated price of £274,465 means this house is valued at £4,158 per sq meter (£386 per sq foot).
The average size of a house on TANHOUSE LANE is 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Eastward Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Michael Crescent |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Michael Crescent |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Sudeley Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |