£376,331
This estimated value is based upon the latest sale price for the house of £370,000 on 17 May 2023. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £370,000 | 17 May 2023 |
| £158,200 | 30 Nov 2000 |
| Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 2023 the House Price Index for WORCESTERSHIRE was 146.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.711%.Applying this 1.711% change to the original purchase price of £370,000 results in an estimated price of approximately £376,331.
| 17 May 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.6 | 1.711 % | £370,000 | £6,331 | £376,331 |
The Postcode Pricing Model uses changes in average sales price within the WR9 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 | 31.362 % | £116,040 | £486,040 |
| 3 Month Average | -1.334 % | £-4,935 | £365,064 |
| 6 Month Average | 5.918 % | £21,897 | £391,897 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £437,658 | £430,000 | 49 FALCON CLOSE |
| 14 Jul 2022 | £220,594 | £220,000 | 23 FALCON CLOSE |
| 20 May 2022 | £300,665 | £295,000 | 8 FALCON CLOSE |
| 14 Apr 2022 | £217,288 | £211,000 | 18 FALCON CLOSE |
| 17 Dec 2021 | £399,624 | £373,000 | 6 FALCON CLOSE |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 30 Oct 2014.
The average size of a house on FALCON CLOSE is 110 sq meters (1,192 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Falcon Close |
| Feb 2024 | Drugs | Under investigation | On or near Jackdaw Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Jackdaw Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Swallow Place |