£564,121
This estimated value is based upon the latest sale price for the house of £117,000 on 16 Jan 1998. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
There have been three burglaries within the last year on or near Grazing Lane
More crime details
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| Price Paid | Date |
|---|---|
| £117,000 | 16 Jan 1998 |
| £107,000 | 17 Jan 1997 |
| Detached |
| Freehold |
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 January 1998 the House Price Index for WORCESTERSHIRE was 30.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 382.155%.Applying this 382.155% change to the original purchase price of £117,000 results in an estimated price of approximately £564,121.
| 16 Jan 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.8 | 148.6 | 382.155 % | £117,000 | £447,121 | £564,121 |
The Postcode Pricing Model uses changes in average sales price within the B97 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 | 426.667 % | £499,200 | £616,200 |
| 3 Month Average | 304.845 % | £356,668 | £473,668 |
| 6 Month Average | 288.754 % | £337,841 | £454,841 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £424,935 | £417,500 | 22 SHIREHAMPTON CLOSE |
| 14 Apr 2023 | £697,510 | £690,000 | 3 SPRINGVALE DRIVE |
| 18 Nov 2022 | £706,443 | £715,000 | TUMNUS CORNER, 5 SPRINGHILL GARDENS |
| 31 Aug 2022 | £421,864 | £423,000 | 11 EARLS CLOSE |
| 19 Aug 2022 | £450,787 | £452,000 | 16 SHIREHAMPTON CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Grazing Lane |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Grazing Lane |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Grazing Lane |
| Mar 2024 | Anti-social behaviour | On or near Knightsford Close | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lordswood Close |