£344,031
This estimated value is based upon the latest sale price for the house of £202,000 on 23 Aug 2012. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £202,000 | 23 Aug 2012 |
| Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 August 2012 the House Price Index for WORCESTERSHIRE was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £202,000 results in an estimated price of approximately £344,031.
| 23 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.312 % | £202,000 | £142,031 | £344,031 |
The Postcode Pricing Model uses changes in average sales price within the WR5 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 | 92.059 % | £185,958 | £387,958 |
| 3 Month Average | 74.142 % | £149,765 | £351,765 |
| 6 Month Average | 57.697 % | £116,547 | £318,547 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £298,000 | £298,000 | 10 HEATH DRIVE |
| 30 Mar 2023 | £237,235 | £235,000 | 8 SLIMBRIDGE CLOSE |
| 24 Mar 2023 | £257,425 | £255,000 | 9 DINMORE CLOSE |
| 22 Feb 2023 | £214,855 | £215,000 | 6 WASELEY CLOSE |
| 7 Feb 2023 | £194,869 | £195,000 | 5 WASELEY CLOSE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 3 Apr 2012. Using an estimated price of £344,031 means this house is valued at £4,144 per sq meter (£385 per sq foot).
There is one other house on the street which we know the size of, this is 3 DINMORE CLOSE it is 108.36
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Westonbirt Close | |
| Feb 2024 | Anti-social behaviour | On or near Westonbirt Close | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ravenshill Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Peacock Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |