£383,689
This estimated value is based upon the latest sale price for the house of £376,000 on 1 Jun 2023. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£376,000 | 1 Jun 2023 |
£173,000 | 19 May 2015 |
Detached |
Freehold |
Floor Area: 108 sq meters or 1,162 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 June 2023 the House Price Index for WORCESTERSHIRE was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £376,000 results in an estimated price of approximately £383,689.
1 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 149.7 | 2.045 % | £376,000 | £7,689 | £383,689 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 29.725 % | £111,764 | £487,764 |
3 Month Average | -0.346 % | £-1,302 | £374,697 |
6 Month Average | 1.006 % | £3,781 | £379,781 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2024 | £498,915 | £491,250 | 18 CRABMILL LANE |
12 Oct 2023 | £184,183 | £180,000 | 32 DRUIDS LANE |
22 Sep 2023 | £151,336 | £148,000 | 18 MILSTON CLOSE |
9 Jun 2023 | £178,579 | £175,000 | 110 BAVERSTOCK ROAD |
1 Jun 2023 | £383,689 | £376,000 | 41 DRUIDS LANE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 6 Mar 2015. Using an estimated price of £383,689 means this house is valued at £3,552 per sq meter (£330 per sq foot).
The average size of a house on DRUIDS LANE is 109 sq meters (1,173 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Allwell Drive | |
Aug 2024 | Other theft | Unable to prosecute suspect | On or near Baverstock Road |