£233,807
This estimated value is based upon the latest sale price for the house of £190,000 on 30 Aug 2019. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
There has been one burglary within the last year on or near Ship Wrights Close
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| Price Paid | Date |
|---|---|
| £190,000 | 30 Aug 2019 |
| £170,000 | 29 Apr 2016 |
| £148,000 | 27 Oct 2006 |
| £79,000 | 24 Jul 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 August 2019 the House Price Index for WORCESTERSHIRE was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £190,000 results in an estimated price of approximately £233,807.
| 30 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £190,000 | £43,807 | £233,807 |
The Postcode Pricing Model uses changes in average sales price within the WR4 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 | -44.335 % | £-84,236 | £105,763 |
| 3 Month Average | 0.186 % | £353 | £190,353 |
| 6 Month Average | 22.388 % | £42,537 | £232,537 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £250,199 | £247,000 | 5 DRAPERS CLOSE |
| 23 Aug 2023 | £223,959 | £222,000 | 12 DRAPERS CLOSE |
| 30 Jun 2023 | £210,044 | £207,500 | 3 VINTNERS CLOSE |
| 5 May 2022 | £231,869 | £227,500 | 11 JOINERS CLOSE |
| 7 Feb 2022 | £110,113 | £105,000 | 31 MASONS DRIVE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 13 Jan 2016. Using an estimated price of £233,807 means this house is valued at £3,489 per sq meter (£324 per sq foot).
The average size of a house on DRAPERS CLOSE is 86 sq meters (926 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Ship Wrights Close |