£542,110
This estimated value is based upon the latest sale price for the house of £420,000 on 27 Jun 2017. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £420,000 | 27 Jun 2017 |
| £417,995 | 28 Mar 2013 |
| Detached |
| Freehold |
| Floor Area: 161 sq meters or 1,732 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 2017 the House Price Index for WORCESTERSHIRE was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £420,000 results in an estimated price of approximately £542,110.
| 27 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 149.7 | 29.074 % | £420,000 | £122,110 | £542,110 |
The Postcode Pricing Model uses changes in average sales price within the WR9 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 | 56.465 % | £237,151 | £657,151 |
| 3 Month Average | 32.047 % | £134,598 | £554,598 |
| 6 Month Average | 21.377 % | £89,784 | £509,784 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £353,066 | £350,000 | 32 FALSTAFF DRIVE |
| 3 Oct 2023 | £214,880 | £210,000 | 7 TOWN MILL ROW |
| 15 Jun 2023 | £505,123 | £495,000 | 33 LAWLEY WAY |
| 3 Feb 2023 | £274,836 | £273,000 | 4 TOWN MILL ROW |
| 18 Nov 2022 | £467,813 | £470,000 | 17 LAWLEY WAY |
This house has a floor area of 161 sq meters or 1,732 sq feet when measured on 4 Jan 2013. Using an estimated price of £542,111 means this house is valued at £3,367 per sq meter (£312 per sq foot).
The average size of a house on LAWLEY WAY is 128 sq meters (1,378 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lawley Way |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lawley Way |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near The Oaklands |