£289,580
This estimated value is based upon the latest sale price for the house of £228,000 on 10 Aug 2017. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £228,000 | 10 Aug 2017 |
| £212,500 | 7 Jun 2007 |
| £172,000 | 19 Mar 2004 |
| Semi-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 August 2017 the House Price Index for WORCESTERSHIRE was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £228,000 results in an estimated price of approximately £289,580.
| 10 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £228,000 | £61,580 | £289,580 |
The Postcode Pricing Model uses changes in average sales price within the B61 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 | 17.064 % | £38,907 | £266,907 |
| 3 Month Average | 19.841 % | £45,237 | £273,237 |
| 6 Month Average | 16.881 % | £38,488 | £266,488 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2023 | £557,503 | £550,000 | 2 YEW TREE LANE |
| 28 Apr 2023 | £702,565 | £695,000 | BERRINGTON HOUSE BOURNHEATH ROAD |
| 10 Feb 2023 | £899,395 | £900,000 | 55 BROOK ROAD |
| 17 Jun 2022 | £456,451 | £450,000 | THE OLD FORGE, 109 STOURBRIDGE ROAD |
| 1 Jun 2022 | £557,884 | £550,000 | CORNWALLIS HOUSE, 2 BOURNHEATH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Orchard Villas |
| Mar 2024 | Burglary | Under investigation | On or near Brook Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Stourbridge Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near New Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Dodford Road |