£572,859
This estimated value is based upon the latest sale price for the house of £530,000 on 25 Jun 2021. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £530,000 | 25 Jun 2021 |
| £475,000 | 18 Aug 2017 |
| £175,000 | 31 Mar 1999 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 June 2021 the House Price Index for WORCESTERSHIRE was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £530,000 results in an estimated price of approximately £572,859.
| 25 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £530,000 | £42,859 | £572,859 |
The Postcode Pricing Model uses changes in average sales price within the WR12 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 | 1.142 % | £6,053 | £536,053 |
| 3 Month Average | -30.277 % | £-160,470 | £369,529 |
| 6 Month Average | 3.203 % | £16,974 | £546,974 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £778,935 | £755,000 | 5 MILLS CLOSE |
| 15 Sep 2023 | £403,904 | £395,000 | 5 SANDS CLOSE |
| 23 Nov 2022 | £686,789 | £690,000 | 34 MILLS CLOSE |
| 11 Jul 2022 | £454,555 | £450,000 | 14 SANDS CLOSE |
| 1 Jul 2022 | £424,251 | £420,000 | 21 LEAMINGTON ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 16 May 2017. Using an estimated price of £572,859 means this house is valued at £5,728 per sq meter (£532 per sq foot).
The average size of a house on MILLS CLOSE is 131 sq meters (1,418 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Morris Road |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Morris Road |
| Jul 2024 | Other crime | Under investigation | On or near Lime Tree Avenue |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |