£183,704
This estimated value is based upon the latest sale price for the house of £137,550 on 30 Jun 2016. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £137,550 | 30 Jun 2016 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2016 the House Price Index for WORCESTERSHIRE was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £137,550 results in an estimated price of approximately £183,704.
| 30 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £137,550 | £46,154 | £183,704 |
The Postcode Pricing Model uses changes in average sales price within the WR3 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 | 59.311 % | £81,582 | £219,132 |
| 3 Month Average | 33.427 % | £45,978 | £183,528 |
| 6 Month Average | 33.123 % | £45,560 | £183,110 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2023 | £572,708 | £565,000 | 7 LIME GARDENS |
| 13 Jul 2023 | £532,162 | £525,000 | 4 LIME GARDENS |
| 16 Jun 2023 | £463,110 | £457,500 | 23 IVY CRESCENT |
| 14 Jun 2022 | £322,051 | £317,500 | 3 HAZEL CROFT |
| 8 Mar 2022 | £720,202 | £695,000 | 9 LIME GARDENS |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 21 Jun 2016. Using an estimated price of £183,705 means this house is valued at £2,516 per sq meter (£233 per sq foot).
The average size of a house on IVY CRESCENT is 123 sq meters (1,333 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hazel Croft |
| Dec 2023 | Anti-social behaviour | On or near Hazel Croft | |
| Dec 2023 | Anti-social behaviour | On or near Hazel Croft | |
| Dec 2023 | Anti-social behaviour | On or near Hazel Croft | |
| Dec 2023 | Anti-social behaviour | On or near Hazel Croft |