£171,685
This estimated value is based upon the latest sale price for the house of £140,000 on 25 Oct 2019. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £140,000 | 25 Oct 2019 |
| £132,500 | 22 Oct 2004 |
| £51,950 | 3 Aug 1998 |
| £41,000 | 17 Feb 1995 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 2019 the House Price Index for WORCESTERSHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £140,000 results in an estimated price of approximately £171,685.
| 25 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £140,000 | £31,685 | £171,685 |
The Postcode Pricing Model uses changes in average sales price within the B97 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 | 47.615 % | £66,660 | £206,660 |
| 3 Month Average | 7.995 % | £11,193 | £151,193 |
| 6 Month Average | 20.844 % | £29,181 | £169,181 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £187,780 | £185,000 | 17 BILBURY CLOSE |
| 15 Sep 2023 | £197,526 | £195,000 | 71 BILBURY CLOSE |
| 21 Jul 2023 | £313,216 | £309,000 | 20 DRAKES CLOSE |
| 29 Jul 2022 | £230,621 | £230,000 | 251 WALKWOOD ROAD |
| 27 May 2022 | £473,930 | £465,000 | 188 WALKWOOD ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 5 Dec 2013. Using an estimated price of £171,685 means this house is valued at £1,734 per sq meter (£161 per sq foot).
The average size of a house on DRAKES CLOSE is 110 sq meters (1,187 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Drakes Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Drakes Close |
| Feb 2024 | Vehicle crime | Under investigation | On or near Lightoak Close |
| Jan 2024 | Anti-social behaviour | On or near Lightoak Close | |
| Jan 2024 | Anti-social behaviour | On or near Lightoak Close |