£456,477
This estimated value is based upon the latest sale price for the house of £292,000 on 20 Feb 2014. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £292,000 | 20 Feb 2014 |
| £315,000 | 18 Apr 2008 |
| £119,500 | 21 Dec 1995 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 February 2014 the House Price Index for WORCESTERSHIRE was 93.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 56.328%.Applying this 56.328% change to the original purchase price of £292,000 results in an estimated price of approximately £456,477.
| 20 Feb 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 146.7 | 56.328 % | £292,000 | £164,477 | £456,477 |
The Postcode Pricing Model uses changes in average sales price within the WR2 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 | 39.875 % | £116,434 | £408,434 |
| 3 Month Average | 75.392 % | £220,143 | £512,143 |
| 6 Month Average | 60.165 % | £175,682 | £467,682 |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 1 Oct 2015.
The average size of a house on PACKHORSE CLOSE is 126 sq meters (1,360 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Under investigation | On or near Ostler Drive |
| Mar 2024 | Other crime | Under investigation | On or near Ostler Drive |
| Mar 2024 | Anti-social behaviour | On or near Ostler Drive | |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ostler Drive |
| Jan 2024 | Shoplifting | Unable to prosecute suspect | On or near Ostler Drive |