£331,165
This estimated value is based upon the latest sale price for the house of £269,950 on 13 Dec 2019. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £269,950 | 13 Dec 2019 |
| £227,500 | 21 Jun 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 2019 the House Price Index for WORCESTERSHIRE was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £269,950 results in an estimated price of approximately £331,165.
| 13 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £269,950 | £61,215 | £331,165 |
The Postcode Pricing Model uses changes in average sales price within the WR9 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 | -21.115 % | £-57,000 | £212,949 |
| 3 Month Average | 7.329 % | £19,785 | £289,735 |
| 6 Month Average | 19.642 % | £53,024 | £322,974 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jun 2023 | £501,070 | £495,000 | 33 LAWLEY WAY |
| 3 Feb 2023 | £272,816 | £273,000 | 4 TOWN MILL ROW |
| 18 Nov 2022 | £464,375 | £470,000 | 17 LAWLEY WAY |
| 12 Oct 2022 | £356,165 | £360,000 | 27 FALSTAFF DRIVE |
| 25 May 2022 | £315,953 | £310,000 | 23 LAWLEY WAY |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 20 May 2013. Using an estimated price of £331,165 means this house is valued at £3,038 per sq meter (£282 per sq foot).
The average size of a house on LAWLEY WAY is 128 sq meters (1,378 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Lawley Way |
| Mar 2024 | Public order | Under investigation | On or near Florence Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Florence Avenue |