£400,529
This estimated value is based upon the latest sale price for the house of £323,875 on 25 Apr 2019. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £323,875 | 25 Apr 2019 |
| £137,000 | 28 Sep 2001 |
| Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 April 2019 the House Price Index for WORCESTERSHIRE was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £323,875 results in an estimated price of approximately £400,529.
| 25 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £323,875 | £76,654 | £400,529 |
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 | 60.164 % | £194,857 | £518,732 |
| 3 Month Average | 31.842 % | £103,127 | £427,002 |
| 6 Month Average | 26.234 % | £84,966 | £408,841 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £307,046 | £302,500 | 17 ARDEN ROAD |
| 30 Jun 2023 | £319,369 | £315,500 | 6 PETUNIA CLOSE |
| 29 Sep 2021 | £350,218 | £325,000 | 1A ARDEN ROAD |
| 8 Sep 2021 | £307,114 | £285,000 | 4 ARDEN ROAD |
| 31 Mar 2021 | £309,444 | £278,000 | 4 PARTRIDGE CLOSE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 8 Mar 2017. Using an estimated price of £400,530 means this house is valued at £5,006 per sq meter (£465 per sq foot).
The average size of a house on MAGPIE CLOSE is 127 sq meters (1,374 sq feet).
This house is the smallest in the street with a floor area of 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Magpie Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Partridge Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Larkspur Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Larkspur Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Petunia Close |