£722,814
This estimated value is based upon the latest sale price for the house of £560,000 on 29 Jun 2017. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £560,000 | 29 Jun 2017 |
| Detached |
| Freehold |
| Floor Area: 266 sq meters or 2,864 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 £560,000 results in an estimated price of approximately £722,814.
| 29 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 149.7 | 29.074 % | £560,000 | £162,814 | £722,814 |
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 | 24.762 % | £138,665 | £698,665 |
| 3 Month Average | 25.257 % | £141,438 | £701,438 |
| 6 Month Average | 24.342 % | £136,316 | £696,316 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £350,383 | £345,000 | 48 BRONSIL DRIVE |
| 26 Oct 2023 | £665,106 | £650,000 | 114 TANHOUSE LANE |
| 27 Jan 2023 | £421,125 | £420,000 | 19 BRONSIL DRIVE |
| 22 Aug 2022 | £105,493 | £105,000 | 42 BRONSIL DRIVE |
| 12 Aug 2022 | £226,057 | £225,000 | 7 PREECE CLOSE |
This house has a floor area of 266 sq meters or 2,864 sq feet when measured on 1 Nov 2011. Using an estimated price of £722,814 means this house is valued at £2,716 per sq meter (£252 per sq foot).
The average size of a house on GRIT LANE is 178 sq meters (1,919 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Catalpa Close |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Catalpa Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Catalpa Close |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Catalpa Close |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Bronsil Drive |