£519,247
This estimated value is based upon the latest sale price for the house of £395,000 on 14 Jul 2016. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £395,000 | 14 Jul 2016 |
| £147,000 | 6 Dec 1996 |
| Detached |
| Freehold |
| Floor Area: 199 sq meters or 2,142 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 July 2016 the House Price Index for WORCESTERSHIRE was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.455%.Applying this 31.455% change to the original purchase price of £395,000 results in an estimated price of approximately £519,247.
| 14 Jul 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 146.7 | 31.455 % | £395,000 | £124,247 | £519,247 |
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 | 15.699 % | £62,010 | £457,010 |
| 3 Month Average | 36.515 % | £144,235 | £539,235 |
| 6 Month Average | 41.357 % | £163,362 | £558,362 |
This house has a floor area of 199 sq meters or 2,142 sq feet when measured on 10 Sep 2015.
The average size of a house on SPENCER DRIVE is 208 sq meters (2,247 sq feet).
This house is the largest in the street with a floor area of 199 sq meters (2,142 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Great Malvern |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Thorngrove Road |
| Feb 2024 | Violence and sexual offences | On or near Great Malvern (Station) | |
| Feb 2024 | Public order | On or near Great Malvern (Station) | |
| Jan 2024 | Bicycle theft | On or near Great Malvern (Station) |