£178,888
This estimated value is based upon the latest sale price for the house of £141,750 on 24 Oct 2017. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £141,750 | 24 Oct 2017 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 October 2017 the House Price Index for WORCESTERSHIRE was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £141,750 results in an estimated price of approximately £178,888.
| 24 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £141,750 | £37,138 | £178,888 |
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 | -8.136 % | £-11,532 | £130,217 |
| 3 Month Average | 10.823 % | £15,341 | £157,091 |
| 6 Month Average | 31.402 % | £44,511 | £186,261 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £450,763 | £445,000 | 1 ST JOSEPHS CLOSE |
| 30 Sep 2022 | £228,158 | £230,000 | 16 VALLEY WAY |
| 21 Jul 2022 | £350,945 | £350,000 | 26 ST JOSEPHS CLOSE |
| 25 Apr 2022 | £282,165 | £274,000 | 34 HOME PIECE |
| 4 Feb 2022 | £162,548 | £155,000 | 22 LITTLE HILL |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 4 May 2017. Using an estimated price of £178,889 means this house is valued at £2,080 per sq meter (£193 per sq foot).
The average size of a house on HOME PIECE is 116 sq meters (1,251 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Home Piece |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Home Piece |
| Dec 2023 | Robbery | Under investigation | On or near Home Piece |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Home Piece |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Valley Way |