£206,355
This estimated value is based upon the latest sale price for the house of £122,000 on 7 Dec 2012. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £122,000 | 7 Dec 2012 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2012 the House Price Index for WORCESTERSHIRE was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £122,000 results in an estimated price of approximately £206,355.
| 7 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 148.6 | 69.144 % | £122,000 | £84,355 | £206,355 |
The Postcode Pricing Model uses changes in average sales price within the B60 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 | 42.496 % | £51,845 | £173,845 |
| 3 Month Average | 88.663 % | £108,168 | £230,168 |
| 6 Month Average | 64.087 % | £78,186 | £200,186 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £151,324 | £150,000 | FLAT 1 HILLS COURT NEW ROAD |
| 24 Feb 2023 | £184,876 | £185,000 | FLAT 12 MARLBOROUGH COURT, 108 NEW ROAD |
| 9 Jan 2023 | £259,776 | £261,000 | 18 DRAGOON FIELDS |
| 25 Nov 2022 | £371,500 | £376,000 | 7 RIGBY LANE |
| 22 Sep 2022 | £173,598 | £175,000 | 140 NEW ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 18 Sep 2012. Using an estimated price of £206,355 means this house is valued at £2,645 per sq meter (£245 per sq foot).
The average size of a house on DRAGOON FIELDS is 84 sq meters (910 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dragoon Fields |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Vicarage Close |