£499,325
This estimated value is based upon the latest sale price for the house of £500,000 on 15 Jul 2022. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £500,000 | 15 Jul 2022 |
| £450,000 | 23 Nov 2020 |
| £124,995 | 14 Aug 1997 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 July 2022 the House Price Index for WORCESTERSHIRE was 148.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.135%.Applying this -0.135% change to the original purchase price of £500,000 results in an estimated price of approximately £499,325.
| 15 Jul 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.0 | -0.135 % | £500,000 | £-674 | £499,325 |
The Postcode Pricing Model uses changes in average sales price within the HR8 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 | -10.188 % | £-50,938 | £449,061 |
| 3 Month Average | -16.188 % | £-80,939 | £419,060 |
| 6 Month Average | -5.369 % | £-26,843 | £473,156 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £206,254 | £205,000 | 17 GIBSON ROAD |
| 17 Apr 2023 | £503,744 | £500,000 | 12 FROST ROAD |
| 15 Jul 2022 | £499,325 | £500,000 | 1 ABERCROMBIE CLOSE |
| 28 Mar 2022 | £212,608 | £206,000 | 26 GIBSON ROAD |
| 15 Oct 2021 | £277,707 | £252,000 | 10 SUNSHINE CLOSE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 29 Jul 2020. Using an estimated price of £499,325 means this house is valued at £5,427 per sq meter (£504 per sq foot).
The average size of a house on ABERCROMBIE CLOSE is 139 sq meters (1,504 sq feet).
This house is the smallest in the street with a floor area of 92 sq meters (990 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Drinkwater Close |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Thomas Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Target Close |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Yeoman Close |
| Apr 2024 | Drugs | Under investigation | On or near Yeoman Close |