£751,711
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
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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 77.7.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 34.234%.Applying this 34.234% change to the original purchase price of £560,000 results in an estimated price of approximately £751,711.
29 Jun 2017 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
77.7 | 104.3 | 34.234 % | £560,000 | £191,711 | £751,711 |
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 | 4.222 % | £23,640 | £583,640 |
3 Month Average | 33.281 % | £186,374 | £746,374 |
6 Month Average | 24.342 % | £136,314 | £696,314 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Oct 2024 | £328,217 | £315,000 | 80 TANHOUSE LANE |
21 Mar 2024 | £368,306 | £345,000 | 48 BRONSIL DRIVE |
23 Nov 2023 | £320,594 | £300,000 | 2 BIRCHWOOD ROAD |
26 May 2023 | £355,086 | £335,000 | 73 MICHAEL CRESCENT |
26 May 2023 | £233,191 | £220,000 | 22 MICHAEL CRESCENT |
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 £751,712 means this house is valued at £2,824 per sq meter (£262 per sq foot).
The average size of a house on GRIT LANE is 178 sq meters (1,919 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2025 | Violence and sexual offences | Under investigation | On or near Preece Close |
Feb 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Birchwood Road |
Feb 2025 | Other theft | Investigation complete; no suspect identified | On or near Tanhouse Lane |
Mar 2025 | Anti-social behaviour | On or near Michael Crescent | |
Feb 2025 | Anti-social behaviour | On or near Michael Crescent |