£206,885
This estimated value is based upon the latest sale price for the house of £165,000 on 25 Aug 2017. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £165,000 | 25 Aug 2017 |
| £158,500 | 14 Dec 2006 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 2017 the House Price Index for WORCESTERSHIRE was 117.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.385%.Applying this 25.385% change to the original purchase price of £165,000 results in an estimated price of approximately £206,885.
| 25 Aug 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 146.7 | 25.385 % | £165,000 | £41,885 | £206,885 |
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 | 4.904 % | £8,091 | £173,091 |
| 3 Month Average | 20.938 % | £34,548 | £199,548 |
| 6 Month Average | 24.124 % | £39,804 | £204,804 |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 22 Oct 2012.
The average size of a house on CHERRY TREE DRIVE is 62 sq meters (674 sq feet).
This house is the largest in the street with a floor area of 69 sq meters (742 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Peachfield Road | |
| Jan 2024 | Anti-social behaviour | On or near Peachfield Road | |
| Jan 2024 | Anti-social behaviour | On or near Peachfield Road | |
| Mar 2024 | Other crime | Under investigation | On or near Old Wyche Road |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Lower Wyche Road |