£386,330
This estimated value is based upon the latest sale price for the house of £315,000 on 29 Nov 2019. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
There has been one burglary within the last year on or near Oaklands
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| Price Paid | Date |
|---|---|
| £315,000 | 29 Nov 2019 |
| £187,000 | 11 Dec 2009 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 November 2019 the House Price Index for WORCESTERSHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £315,000 results in an estimated price of approximately £386,330.
| 29 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £315,000 | £71,330 | £386,330 |
The Postcode Pricing Model uses changes in average sales price within the WR5 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 | 57.843 % | £182,205 | £497,205 |
| 3 Month Average | 48.776 % | £153,644 | £468,644 |
| 6 Month Average | 25.329 % | £79,787 | £394,787 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £249,697 | £246,000 | 14 BLOSSOM CLOSE |
| 8 Jun 2023 | £248,004 | £245,000 | 6 BLOSSOM CLOSE |
| 20 Jan 2023 | £192,095 | £193,000 | 45 OAKLANDS |
| 21 Nov 2022 | £429,794 | £435,000 | 7 LEOPARD RISE |
| 3 Aug 2022 | £445,800 | £447,000 | 2 THE HEIGHTS |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 12 Jul 2019. Using an estimated price of £386,330 means this house is valued at £3,418 per sq meter (£317 per sq foot).
The average size of a house on OAKLANDS is 81 sq meters (873 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Oaklands |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Leopard Rise |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hospital |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Charles Hastings Way |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Hospital |