£304,712
This estimated value is based upon the latest sale price for the house of £234,000 on 5 Apr 2017. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £234,000 | 5 Apr 2017 |
| Terraced |
| 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 April 2017 the House Price Index for WORCESTERSHIRE was 115.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £234,000 results in an estimated price of approximately £304,712.
| 5 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 149.7 | 30.219 % | £234,000 | £70,712 | £304,712 |
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 | 37.297 % | £87,275 | £321,275 |
| 3 Month Average | 42.154 % | £98,639 | £332,639 |
| 6 Month Average | 25.892 % | £60,587 | £294,587 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £353,358 | £342,500 | 32 THE OAKLANDS |
| 3 Oct 2023 | £214,880 | £210,000 | 7 TOWN MILL ROW |
| 11 Aug 2023 | £412,439 | £405,000 | 4 THE OAKLANDS |
| 15 Jun 2023 | £505,123 | £495,000 | 33 LAWLEY WAY |
| 3 Feb 2023 | £274,836 | £273,000 | 4 TOWN MILL ROW |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 5 Dec 2012. Using an estimated price of £304,713 means this house is valued at £2,795 per sq meter (£259 per sq foot).
The average size of a house on LAWLEY WAY is 128 sq meters (1,378 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lawley Way |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lawley Way |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near The Oaklands |