£390,032
This estimated value is based upon the latest sale price for the house of £300,000 on 3 Feb 2017. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £300,000 | 3 Feb 2017 |
| £295,000 | 30 Dec 2016 |
| £237,000 | 24 Aug 2007 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 2017 the House Price Index for WORCESTERSHIRE was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £300,000 results in an estimated price of approximately £390,032.
| 3 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £300,000 | £90,032 | £390,032 |
The Postcode Pricing Model uses changes in average sales price within the WR5 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 | 69.672 % | £209,015 | £509,015 |
| 3 Month Average | 49.266 % | £147,798 | £447,798 |
| 6 Month Average | 32.676 % | £98,028 | £398,028 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jun 2023 | £263,188 | £260,000 | 10 ORCHID CLOSE |
| 20 Feb 2023 | £374,748 | £375,000 | 6 HYACINTH CLOSE |
| 17 Feb 2023 | £351,264 | £351,500 | 45 FOXGLOVE ROAD |
| 19 Aug 2022 | £346,567 | £347,500 | 14 HYACINTH CLOSE |
| 17 Aug 2022 | £4,453,961 | £4,465,950 | 8 ORCHID CLOSE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 19 Dec 2016. Using an estimated price of £390,033 means this house is valued at £3,277 per sq meter (£304 per sq foot).
The average size of a house on ORCHID CLOSE is 131 sq meters (1,413 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Begonia Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Begonia Close |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Begonia Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hyacinth Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Foxglove Road |