£131,407
This estimated value is based upon the latest sale price for the house of £77,000 on 23 Jul 2010. 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 |
---|---|
£77,000 | 23 Jul 2010 |
Terraced |
Freehold |
Floor Area: 64 sq meters or 688 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 July 2010 the House Price Index for WORCESTERSHIRE was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.659%.Applying this 70.659% change to the original purchase price of £77,000 results in an estimated price of approximately £131,407.
23 Jul 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 149.7 | 70.659 % | £77,000 | £54,407 | £131,407 |
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 | 38.585 % | £29,710 | £106,710 |
3 Month Average | 45.313 % | £34,890 | £111,890 |
6 Month Average | 48.137 % | £37,065 | £114,065 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jun 2024 | £150,000 | £150,000 | 78 OFFMORE ROAD |
8 Dec 2023 | £165,072 | £160,000 | 78 LORNE STREET |
13 Oct 2023 | £240,461 | £235,000 | 16 LORNE STREET |
9 Aug 2023 | £121,186 | £119,000 | 4 VILLIERS STREET |
24 Mar 2023 | £142,378 | £140,000 | 14 VILLIERS STREET |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 11 Feb 2020. Using an estimated price of £131,408 means this house is valued at £2,053 per sq meter (£190 per sq foot).
The average size of a house on LORNE STREET is 77 sq meters (836 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Burglary | Under investigation | On or near Lorne Grove |
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lorne Street |
Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Lorne Street |
Sep 2024 | Other crime | Under investigation | On or near Lorne Street |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Villiers Street |