£482,919
This estimated value is based upon the latest sale price for the house of £465,500 on 12 Apr 2022. 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 Wheatley Lane
More crime details
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| Price Paid | Date |
|---|---|
| £465,500 | 12 Apr 2022 |
| £248,000 | 19 Jul 2002 |
| 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 April 2022 the House Price Index for WORCESTERSHIRE was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £465,500 results in an estimated price of approximately £482,919.
| 12 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £465,500 | £17,419 | £482,919 |
The Postcode Pricing Model uses changes in average sales price within the WR8 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 | 90.342 % | £420,541 | £886,041 |
| 3 Month Average | 0.301 % | £1,400 | £466,900 |
| 6 Month Average | -8.573 % | £-39,905 | £425,594 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jan 2023 | £471,259 | £470,000 | MIRAMAR MONSELL LANE |
| 23 Sep 2022 | £349,766 | £350,000 | THE EADES BUNGALOW MONSELL LANE |
| 4 Jul 2022 | £358,593 | £355,000 | 4 LAVENDER MEADOW |
| 12 Apr 2022 | £482,920 | £465,500 | HEATH COTTAGE GLOUCESTER ROAD |
| 18 Feb 2022 | £1,056,457 | £1,000,000 | THE MOUNT TUNNEL HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Wheatley Lane |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Wheatley Lane |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Lavender Meadow |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lavender Meadow |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bromley Court |