£296,144
This estimated value is based upon the latest sale price for the house of £175,000 on 16 Nov 2012. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £175,000 | 16 Nov 2012 |
| £158,000 | 2 Jul 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 804 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 November 2012 the House Price Index for WORCESTERSHIRE was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £175,000 results in an estimated price of approximately £296,144.
| 16 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £175,000 | £121,144 | £296,144 |
The Postcode Pricing Model uses changes in average sales price within the WR9 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 | 31.853 % | £55,742 | £230,742 |
| 3 Month Average | 49.797 % | £87,144 | £262,144 |
| 6 Month Average | 70.021 % | £122,537 | £297,537 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £466,913 | £460,000 | 84 OAKLAND AVENUE |
| 1 Nov 2023 | £355,260 | £350,000 | 79A OAKLAND AVENUE |
| 29 Sep 2023 | £410,245 | £405,000 | 11 NEWLAND ROAD |
| 10 Jul 2023 | £679,141 | £670,000 | 34 TAGWELL ROAD |
| 13 Feb 2023 | £351,264 | £351,500 | 64 TAGWELL ROAD |
This house has a floor area of 74 sq meters or 804 sq feet when measured on 13 Oct 2011. Using an estimated price of £296,145 means this house is valued at £3,961 per sq meter (£368 per sq foot).
The average size of a house on NEWLAND DRIVE is 90 sq meters (979 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashenden Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Windsor Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Willow Drive |