£363,270
This estimated value is based upon the latest sale price for the house of £278,000 on 11 Jan 2017. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£278,000 | 11 Jan 2017 |
Detached |
Freehold |
Floor Area: 135 sq meters or 1,453 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 January 2017 the House Price Index for WORCESTERSHIRE was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £278,000 results in an estimated price of approximately £363,270.
11 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.7 | 148.6 | 30.673 % | £278,000 | £85,270 | £363,270 |
The Postcode Pricing Model uses changes in average sales price within the DY11 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 | 25.709 % | £71,471 | £349,471 |
3 Month Average | 22.234 % | £61,811 | £339,811 |
6 Month Average | 29.189 % | £81,146 | £359,146 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Nov 2023 | £229,396 | £226,000 | 42 MARLPOOL PLACE |
1 Nov 2023 | £172,555 | £170,000 | 63 FRANCHE ROAD |
29 Sep 2023 | £316,547 | £312,500 | 46 MARLPOOL PLACE |
28 Jul 2023 | £216,920 | £214,000 | 193 MARLPOOL LANE |
17 Jul 2023 | £225,789 | £222,750 | 201 MARLPOOL LANE |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 19 Oct 2016. Using an estimated price of £363,271 means this house is valued at £2,690 per sq meter (£249 per sq foot).
The average size of a house on FRANCHE ROAD is 109 sq meters (1,174 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Marlpool Place |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Marlpool Place |
Mar 2024 | Burglary | Under investigation | On or near Woodland Avenue |