£166,563
This estimated value is based upon the latest sale price for the house of £130,000 on 13 Jun 2017. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £130,000 | 13 Jun 2017 |
| £88,000 | 22 Dec 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 57 sq meters or 624 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 2017 the House Price Index for WORCESTERSHIRE was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £130,000 results in an estimated price of approximately £166,563.
| 13 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £130,000 | £36,563 | £166,563 |
The Postcode Pricing Model uses changes in average sales price within the DY13 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 | 25.770 % | £33,500 | £163,500 |
| 3 Month Average | -1.819 % | £-2,364 | £127,635 |
| 6 Month Average | 30.858 % | £40,115 | £170,115 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £393,442 | £390,000 | 73 THE RIDGEWAY |
| 2 Jun 2023 | £202,452 | £200,000 | 17 PARK CRESCENT |
| 1 Feb 2023 | £252,330 | £252,500 | 10 OLIVE GROVE |
| 25 Jul 2022 | £195,526 | £195,000 | 2 PARK CRESCENT |
| 6 Jun 2022 | £142,007 | £140,000 | 35 OLIVE GROVE |
This house has a floor area of 57 sq meters or 624 sq feet when measured on 12 May 2010. Using an estimated price of £166,563 means this house is valued at £2,872 per sq meter (£266 per sq foot).
The average size of a house on OLIVE GROVE is 80 sq meters (870 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Awaiting court outcome | On or near Olive Grove |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Olive Grove |
| Dec 2023 | Anti-social behaviour | On or near Park Crescent | |
| Dec 2023 | Anti-social behaviour | On or near Park Crescent | |
| Dec 2023 | Anti-social behaviour | On or near Park Crescent |