£291,962
This estimated value is based upon the latest sale price for the house of £240,000 on 12 Nov 2018. 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 Madresfield Road
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| Price Paid | Date |
|---|---|
| £240,000 | 12 Nov 2018 |
| £165,000 | 2 Nov 2012 |
| £182,500 | 10 Feb 2006 |
| £154,800 | 31 Jan 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 November 2018 the House Price Index for WORCESTERSHIRE was 120.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.651%.Applying this 21.651% change to the original purchase price of £240,000 results in an estimated price of approximately £291,962.
| 12 Nov 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 146.7 | 21.651 % | £240,000 | £51,962 | £291,962 |
The Postcode Pricing Model uses changes in average sales price within the WR14 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 | 2.685 % | £6,444 | £246,444 |
| 3 Month Average | 26.704 % | £64,090 | £304,090 |
| 6 Month Average | 30.952 % | £74,284 | £314,284 |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 23 Feb 2018.
The average size of a house on MADRESFIELD ROAD is 108 sq meters (1,163 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Madresfield Road | |
| Jan 2024 | Anti-social behaviour | On or near Madresfield Road | |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Madresfield Road |
| Jan 2024 | Anti-social behaviour | On or near Madresfield Road | |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Madresfield Road |