£521,445
This estimated value is based upon the latest sale price for the house of £525,000 on 14 Aug 2023. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £525,000 | 14 Aug 2023 |
| £323,000 | 2 Aug 2018 |
| £230,000 | 12 Mar 2010 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 August 2023 the House Price Index for WORCESTERSHIRE was 147.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.677%.Applying this -0.677% change to the original purchase price of £525,000 results in an estimated price of approximately £521,445.
| 14 Aug 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.7 | 146.7 | -0.677 % | £525,000 | £-3,554 | £521,445 |
The Postcode Pricing Model uses changes in average sales price within the WR3 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 | 47.671 % | £250,270 | £775,270 |
| 3 Month Average | -2.308 % | £-12,116 | £512,883 |
| 6 Month Average | -7.521 % | £-39,486 | £485,513 |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 5 Jan 2010.
The average size of a house on GRANGE AVENUE is 99 sq meters (1,070 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Nash Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hillcrest Rise |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hillcrest Rise |
| Dec 2023 | Anti-social behaviour | On or near Ferndale Close | |
| Dec 2023 | Anti-social behaviour | On or near Ferndale Close |