£208,811
This estimated value is based upon the latest sale price for the house of £140,000 on 19 Dec 2014. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £140,000 | 19 Dec 2014 |
| £52,500 | 6 Feb 1998 |
| £49,500 | 20 Nov 1996 |
| £48,000 | 31 May 1995 |
| Semi-Detached |
| Leasehold |
| Floor Area: 59 sq meters or 644 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 December 2014 the House Price Index for WORCESTERSHIRE was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £140,000 results in an estimated price of approximately £208,811.
| 19 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £140,000 | £68,811 | £208,811 |
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 | 47.844 % | £66,981 | £206,981 |
| 3 Month Average | 35.926 % | £50,296 | £190,296 |
| 6 Month Average | 38.280 % | £53,592 | £193,592 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £229,940 | £227,000 | 22 MARLPOOL DRIVE |
| 25 Sep 2023 | £322,119 | £318,000 | 48 MARLPOOL DRIVE |
| 25 Aug 2023 | £267,339 | £265,000 | 5 FERNEY HILL AVENUE |
| 15 Aug 2023 | £279,445 | £277,000 | 161 VICARAGE CRESCENT |
| 30 Jun 2023 | £232,820 | £230,000 | 18 MARLPOOL DRIVE |
This house has a floor area of 59 sq meters or 644 sq feet when measured on 25 Jul 2011. Using an estimated price of £208,812 means this house is valued at £3,488 per sq meter (£324 per sq foot).
The average size of a house on MARLPOOL DRIVE is 87 sq meters (943 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Under investigation | On or near Ferney Hill Avenue |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Ferney Hill Avenue |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Coppice Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Coppice Close |
| Dec 2023 | Anti-social behaviour | On or near Coppice Close |