£242,239
This estimated value is based upon the latest sale price for the house of £145,000 on 29 Nov 2012. 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 Lancaster Road
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| Price Paid | Date |
|---|---|
| £145,000 | 29 Nov 2012 |
| £135,000 | 25 Apr 2008 |
| £152,000 | 12 Dec 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 2012 the House Price Index for WORCESTERSHIRE was 87.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.062%.Applying this 67.062% change to the original purchase price of £145,000 results in an estimated price of approximately £242,239.
| 29 Nov 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 146.7 | 67.062 % | £145,000 | £97,239 | £242,239 |
The Postcode Pricing Model uses changes in average sales price within the DY12 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 | -35.148 % | £-50,964 | £94,035 |
| 3 Month Average | 10.287 % | £14,916 | £159,916 |
| 6 Month Average | 40.364 % | £58,527 | £203,527 |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 1 Oct 2012.
The average size of a house on RICHMOND ROAD is 84 sq meters (912 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Lancaster Road |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Lyttelton Road |
| Dec 2023 | Anti-social behaviour | On or near Lyttelton Road | |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Lyttelton Road |
| Dec 2023 | Anti-social behaviour | On or near Lyttelton Road |