£269,019
This estimated value is based upon the latest sale price for the house of £174,000 on 30 May 2014. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£174,000 | 30 May 2014 |
£176,950 | 30 Jun 2004 |
Terraced |
Freehold |
Floor Area: 90 sq meters or 973 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 May 2014 the House Price Index for WORCESTERSHIRE was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £174,000 results in an estimated price of approximately £269,019.
30 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 148.6 | 54.609 % | £174,000 | £95,019 | £269,019 |
The Postcode Pricing Model uses changes in average sales price within the WR4 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 | -22.342 % | £-38,875 | £135,124 |
3 Month Average | 25.999 % | £45,237 | £219,237 |
6 Month Average | 58.913 % | £102,508 | £276,508 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2023 | £238,749 | £236,500 | 21 KEBLE CLOSE |
17 Feb 2023 | £207,860 | £208,000 | 2C RONKSWOOD HILL |
15 Sep 2022 | £283,709 | £286,000 | 54 MICHAEL TIPPET DRIVE |
12 Aug 2022 | £259,302 | £260,000 | 46 MICHAEL TIPPET DRIVE |
27 Jul 2022 | £135,364 | £135,000 | 6 MICHAEL TIPPET DRIVE |
This house has a floor area of 90 sq meters or 973 sq feet when measured on 4 Dec 2009. Using an estimated price of £269,019 means this house is valued at £2,973 per sq meter (£276 per sq foot).
The average size of a house on MICHAEL TIPPET DRIVE is 83 sq meters (897 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Michael Tippett Drive |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Michael Tippett Drive |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merton Close |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Merton Close |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Merton Close |