£475,762
This estimated value is based upon the latest sale price for the house of £470,000 on 8 Jun 2023. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £470,000 | 8 Jun 2023 |
| £389,995 | 27 Oct 2017 |
| 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 June 2023 the House Price Index for WORCESTERSHIRE was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £470,000 results in an estimated price of approximately £475,762.
| 8 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £470,000 | £5,762 | £475,762 |
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 | 83.081 % | £390,479 | £860,479 |
| 3 Month Average | 18.673 % | £87,763 | £557,763 |
| 6 Month Average | 7.774 % | £36,539 | £506,539 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £307,887 | £302,500 | 11 MINERVA CRESCENT |
| 22 Sep 2023 | £232,979 | £230,000 | 22 FORTUNA WAY |
| 2 Aug 2023 | £383,354 | £380,000 | 2 CENTURION DRIVE |
| 5 Jul 2023 | £276,724 | £273,000 | 11 CONSTANTINE CLOSE |
| 8 Jun 2023 | £475,763 | £470,000 | 1 FORTUNA WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Constantine Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Constantine Close |
| Feb 2024 | Burglary | Under investigation | On or near Centurion Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Centurion Drive |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Minerva Crescent |