£338,866
This estimated value is based upon the latest sale price for the house of £272,000 on 12 Apr 2019. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £272,000 | 12 Apr 2019 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 2019 the House Price Index for WORCESTERSHIRE was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £272,000 results in an estimated price of approximately £338,866.
| 12 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £272,000 | £66,866 | £338,866 |
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 | 27.081 % | £73,660 | £345,660 |
| 3 Month Average | 30.055 % | £81,750 | £353,750 |
| 6 Month Average | 24.011 % | £65,309 | £337,309 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Apr 2024 | £680,913 | £675,000 | 18 OAKLANDS |
| 14 Dec 2023 | £304,352 | £295,000 | 10 BENBOW CLOSE |
| 27 Nov 2023 | £661,799 | £645,000 | 225A WELLS ROAD |
| 16 Aug 2023 | £386,980 | £380,000 | 30 HANLEY ROAD |
| 14 Aug 2023 | £516,312 | £507,000 | 7 GRUNDYS LANE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 13 Sep 2018. Using an estimated price of £338,867 means this house is valued at £3,567 per sq meter (£331 per sq foot).
The average size of a house on GRUNDYS LANE is 154 sq meters (1,658 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Claremont Court |
| Oct 2024 | Other theft | Under investigation | On or near Petrol Station |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Benbow Close |
| Oct 2024 | Burglary | Under investigation | On or near Benbow Close |