£415,800
This estimated value is based upon the latest sale price for the house of £241,700 on 9 Mar 2011. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £241,700 | 9 Mar 2011 |
| Detached |
| Freehold |
| Floor Area: 152 sq meters or 1,636 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 March 2011 the House Price Index for WORCESTERSHIRE was 86.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.032%.Applying this 72.032% change to the original purchase price of £241,700 results in an estimated price of approximately £415,800.
| 9 Mar 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 148.6 | 72.032 % | £241,700 | £174,100 | £415,800 |
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 | 131.520 % | £317,883 | £559,583 |
| 3 Month Average | 106.768 % | £258,058 | £499,758 |
| 6 Month Average | 68.180 % | £164,790 | £406,490 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £391,801 | £386,000 | 3 CARP CLOSE |
| 9 Aug 2023 | £310,718 | £308,000 | 51 DACE ROAD |
| 31 Mar 2023 | £449,232 | £445,000 | 18 DACE ROAD |
| 14 Feb 2023 | £449,697 | £450,000 | 22 DACE ROAD |
| 12 Aug 2022 | £217,415 | £218,000 | FLAT 3 ELM COURT ELM GREEN CLOSE |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 26 Jun 2009. Using an estimated price of £415,801 means this house is valued at £2,735 per sq meter (£254 per sq foot).
The average size of a house on ELM GREEN CLOSE is 133 sq meters (1,441 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Carp Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Carp Close |
| Feb 2024 | Anti-social behaviour | On or near St Peter'S Hill | |
| Feb 2024 | Anti-social behaviour | On or near St Peter'S Hill | |
| Jan 2024 | Possession of weapons | Unable to prosecute suspect | On or near St Peter'S Hill |