£899,849
This estimated value is based upon the latest sale price for the house of £530,000 on 19 Oct 2012. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £530,000 | 19 Oct 2012 |
| £325,000 | 29 Jan 1999 |
| Detached |
| Freehold |
| Floor Area: 202 sq meters or 2,174 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 October 2012 the House Price Index for WORCESTERSHIRE was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £530,000 results in an estimated price of approximately £899,849.
| 19 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.783 % | £530,000 | £369,849 | £899,849 |
The Postcode Pricing Model uses changes in average sales price within the WR12 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 | 72.362 % | £383,516 | £913,516 |
| 3 Month Average | 24.502 % | £129,860 | £659,860 |
| 6 Month Average | 36.087 % | £191,261 | £721,261 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £768,445 | £755,000 | 5 MILLS CLOSE |
| 15 Sep 2023 | £400,116 | £395,000 | 5 SANDS CLOSE |
| 23 Nov 2022 | £681,742 | £690,000 | 34 MILLS CLOSE |
| 11 Jul 2022 | £451,215 | £450,000 | 14 SANDS CLOSE |
| 1 Jul 2022 | £421,134 | £420,000 | 21 LEAMINGTON ROAD |
This house has a floor area of 202 sq meters or 2,174 sq feet when measured on 11 Jul 2012. Using an estimated price of £899,849 means this house is valued at £4,454 per sq meter (£413 per sq foot).
The average size of a house on MILLS CLOSE is 131 sq meters (1,418 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Sands Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lime Tree Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lime Tree Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lime Tree Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lime Tree Avenue |