£487,017
This estimated value is based upon the latest sale price for the house of £315,000 on 29 May 2014. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £315,000 | 29 May 2014 |
| £181,000 | 18 Aug 2000 |
| £134,000 | 17 Feb 1995 |
| Detached |
| Freehold |
| Floor Area: 148 sq meters or 1,593 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 May 2014 the House Price Index for WORCESTERSHIRE was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £315,000 results in an estimated price of approximately £487,017.
| 29 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £315,000 | £172,017 | £487,017 |
The Postcode Pricing Model uses changes in average sales price within the B97 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 | 72.622 % | £228,759 | £543,759 |
| 3 Month Average | 38.684 % | £121,854 | £436,854 |
| 6 Month Average | 42.535 % | £133,986 | £448,986 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £555,097 | £548,000 | 3 WOODGREEN CLOSE |
| 29 Aug 2023 | £499,369 | £495,000 | 15 PARMINGTON CLOSE |
| 31 May 2022 | £418,893 | £411,000 | 2 MOORCROFT CLOSE |
| 24 Mar 2022 | £477,717 | £461,000 | 11 PARMINGTON CLOSE |
| 29 Sep 2021 | £282,329 | £262,000 | 192 MOORCROFT GARDENS |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 6 Apr 2013. Using an estimated price of £487,018 means this house is valued at £3,290 per sq meter (£305 per sq foot).
There is one other house on the street which we know the size of, this is 4 STANFORD CLOSE it is 145.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Moorcroft Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Windmill Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Thorncliffe Close |