£454,456
This estimated value is based upon the latest sale price for the house of £375,000 on 14 Apr 2020. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £375,000 | 14 Apr 2020 |
| £120,000 | 3 Nov 2011 |
| Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 April 2020 the House Price Index for WORCESTERSHIRE was 121.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.188%.Applying this 21.188% change to the original purchase price of £375,000 results in an estimated price of approximately £454,456.
| 14 Apr 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 146.7 | 21.188 % | £375,000 | £79,456 | £454,456 |
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 | 32.815 % | £123,055 | £498,055 |
| 3 Month Average | 25.636 % | £96,136 | £471,136 |
| 6 Month Average | 18.598 % | £69,743 | £444,743 |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 28 Nov 2019.
The average size of a house on LUCERNE CLOSE is 101 sq meters (1,094 sq feet).
This house is the largest in the street with a floor area of 144 sq meters (1,550 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Northwick Lane |
| 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 |
| Mar 2024 | Public order | Under investigation | On or near Old Northwick Lane |
| Mar 2024 | Possession of weapons | Under investigation | On or near Old Northwick Lane |