£270,014
This estimated value is based upon the latest sale price for the house of £185,000 on 20 May 2015. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £185,000 | 20 May 2015 |
| £175,150 | 1 Jun 2006 |
| £170,000 | 23 Sep 2005 |
| £86,500 | 2 Feb 2001 |
| Semi-Detached |
| 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 May 2015 the House Price Index for WORCESTERSHIRE was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £185,000 results in an estimated price of approximately £270,014.
| 20 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £185,000 | £85,014 | £270,014 |
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 | -3.305 % | £-6,114 | £178,885 |
| 3 Month Average | 24.334 % | £45,017 | £230,017 |
| 6 Month Average | 49.069 % | £90,777 | £275,777 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £453,971 | £450,000 | 34 YEW TREE HILL |
| 5 Jul 2023 | £319,804 | £315,500 | 25 BELFRY ROAD |
| 16 Mar 2023 | £242,283 | £240,000 | 8 YEW TREE HILL |
| 21 Oct 2022 | £380,899 | £385,000 | 12 BELFRY ROAD |
| 17 Jun 2022 | £418,413 | £412,500 | 34 REBEKAH GARDENS |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 7 Nov 2014. Using an estimated price of £270,015 means this house is valued at £3,139 per sq meter (£291 per sq foot).
The average size of a house on BELFRY ROAD is 95 sq meters (1,033 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cedar Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hazel Close |