£309,065
This estimated value is based upon the latest sale price for the house of £275,000 on 31 Aug 2021. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £275,000 | 31 Aug 2021 |
| £112,000 | 2 Nov 2001 |
| £85,000 | 20 Jun 2000 |
| 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 August 2021 the House Price Index for WORCESTERSHIRE was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £275,000 results in an estimated price of approximately £309,065.
| 31 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £275,000 | £34,065 | £309,065 |
The Postcode Pricing Model uses changes in average sales price within the WR10 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 | 36.071 % | £99,194 | £374,194 |
| 3 Month Average | 8.328 % | £22,902 | £297,902 |
| 6 Month Average | 11.781 % | £32,398 | £307,398 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £412,983 | £402,500 | ROWAN HOUSE GEORGE LANE |
| 26 Oct 2023 | £562,782 | £550,000 | 7 POPLAR AVENUE |
| 10 Aug 2022 | £351,644 | £350,000 | 7 THE CLOSE |
| 11 Jul 2022 | £202,024 | £200,000 | THE CROSS COTTAGE MAIN ROAD |
| 14 Feb 2022 | £390,889 | £370,000 | HILLSIDE GEORGE LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near George Lane |
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near George Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near George Lane |
| Jul 2024 | Anti-social behaviour | On or near George Lane | |
| Jul 2024 | Anti-social behaviour | On or near George Lane |