£328,334
This estimated value is based upon the latest sale price for the house of £320,000 on 20 Nov 2023. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £320,000 | 20 Nov 2023 |
| £340,000 | 23 Jan 2023 |
| £259,000 | 11 Aug 2017 |
| £160,000 | 4 Nov 2016 |
| Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 2023 the House Price Index for WORCESTERSHIRE was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £320,000 results in an estimated price of approximately £328,334.
| 20 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £320,000 | £8,334 | £328,334 |
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 | 30.895 % | £98,864 | £418,864 |
| 3 Month Average | -6.425 % | £-20,560 | £299,439 |
| 6 Month Average | -2.812 % | £-8,997 | £311,002 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 May 2024 | £350,000 | £350,000 | 12A EASTWARD ROAD |
| 21 Mar 2024 | £350,383 | £345,000 | 48 BRONSIL DRIVE |
| 20 Nov 2023 | £328,334 | £320,000 | 44 TANHOUSE LANE |
| 8 Sep 2023 | £270,973 | £265,000 | 37 TANHOUSE LANE |
| 27 Jan 2023 | £421,125 | £420,000 | 19 BRONSIL DRIVE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 13 May 2017. Using an estimated price of £328,334 means this house is valued at £4,828 per sq meter (£448 per sq foot).
The average size of a house on TANHOUSE LANE is 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Sudeley Close |
| 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 |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Eastward Road |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Bronsil Drive |