£1,078,269
This estimated value is based upon the latest sale price for the house of £997,000 on 12 Nov 2021. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £997,000 | 12 Nov 2021 |
| £420,000 | 5 Mar 2003 |
| £270,000 | 30 Jun 1997 |
| Detached |
| Freehold |
| Floor Area: 266 sq meters or 2,863 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 2021 the House Price Index for WORCESTERSHIRE was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £997,000 results in an estimated price of approximately £1,078,269.
| 12 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £997,000 | £81,269 | £1,078,269 |
The Postcode Pricing Model uses changes in average sales price within the WR14 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 | 16.196 % | £161,477 | £1,158,477 |
| 3 Month Average | 2.971 % | £29,622 | £1,026,622 |
| 6 Month Average | 13.997 % | £139,550 | £1,136,550 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £507,514 | £500,000 | 5 THE CRESCENT |
| 20 Jun 2023 | £708,583 | £700,000 | 2 YEW TREE LANE |
| 27 Apr 2023 | £808,708 | £800,000 | 5 ST PETERS CLOSE |
| 9 Sep 2022 | £744,984 | £751,000 | 10 ST PETERS CLOSE |
| 25 Apr 2022 | £1,287,249 | £1,250,000 | 3 BLACKHILL |
This house has a floor area of 266 sq meters or 2,863 sq feet when measured on 6 Aug 2021. Using an estimated price of £1,078,269 means this house is valued at £4,053 per sq meter (£376 per sq foot).
There is one other house on the street which we know the size of, this is 3 BLACKHILL it is 349.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Chase Road | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cambridge Close |
| Jan 2024 | Anti-social behaviour | On or near Richmonds Pitch | |
| Jan 2024 | Anti-social behaviour | On or near Richmonds Pitch | |
| Jan 2024 | Anti-social behaviour | On or near Richmonds Pitch |