£303,033
This estimated value is based upon the latest sale price for the house of £196,000 on 30 May 2014. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£196,000 | 30 May 2014 |
£246,995 | 4 Mar 2005 |
Detached |
Freehold |
Floor Area: 118 sq meters or 1,270 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 £196,000 results in an estimated price of approximately £303,033.
30 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 148.6 | 54.609 % | £196,000 | £107,033 | £303,033 |
The Postcode Pricing Model uses changes in average sales price within the DY13 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 | 17.953 % | £35,188 | £231,188 |
3 Month Average | 15.556 % | £30,490 | £226,490 |
6 Month Average | 44.858 % | £87,920 | £283,920 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Apr 2023 | £171,850 | £170,000 | 59 MILL ROAD |
4 Apr 2023 | £439,735 | £435,000 | 31 EVERGREEN WAY |
17 Jun 2022 | £420,949 | £415,000 | 5 EVERGREEN WAY |
1 Apr 2022 | £197,721 | £192,000 | 1 THE OSIERS |
11 Feb 2022 | £420,526 | £401,000 | 2 EVERGREEN WAY |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 3 Nov 2012. Using an estimated price of £303,033 means this house is valued at £2,568 per sq meter (£238 per sq foot).
The average size of a house on THE SPINNEY is 113 sq meters (1,225 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Spinney |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Meadow Vale |
Apr 2024 | Anti-social behaviour | On or near Mill Road | |
Feb 2024 | Burglary | Unable to prosecute suspect | On or near Leapgate Avenue |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Millgate Close |