£282,856
This estimated value is based upon the latest sale price for the house of £225,000 on 22 Dec 2017. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £225,000 | 22 Dec 2017 |
| £95,995 | 24 Sep 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 December 2017 the House Price Index for WORCESTERSHIRE was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £225,000 results in an estimated price of approximately £282,856.
| 22 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £225,000 | £57,856 | £282,856 |
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 | 231.909 % | £521,795 | £746,795 |
| 3 Month Average | 44.287 % | £99,645 | £324,645 |
| 6 Month Average | 28.075 % | £63,168 | £288,168 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2023 | £306,298 | £303,000 | 16 GISBURN CLOSE |
| 25 Nov 2022 | £306,290 | £310,000 | 2 GISBURN CLOSE |
| 31 Oct 2022 | £243,380 | £246,000 | 47 APPLETREE LANE |
| 26 Aug 2022 | £209,436 | £210,000 | 9 FARTHING LANE |
| 1 Mar 2022 | £312,951 | £302,000 | 76 APPLETREE LANE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 11 Sep 2017. Using an estimated price of £282,857 means this house is valued at £3,492 per sq meter (£324 per sq foot).
The average size of a house on GREENFORD CLOSE is 79 sq meters (860 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lench Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Gisburn Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Mappleborough Close |
| Mar 2024 | Anti-social behaviour | On or near Cofton Close | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cofton Close |