£384,483
This estimated value is based upon the latest sale price for the house of £335,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £335,000 | 18 Dec 2020 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 December 2020 the House Price Index for WORCESTERSHIRE was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £335,000 results in an estimated price of approximately £384,483.
| 18 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £335,000 | £49,483 | £384,483 |
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 | 31.813 % | £106,572 | £441,572 |
| 3 Month Average | 29.686 % | £99,448 | £434,448 |
| 6 Month Average | 15.837 % | £53,053 | £388,053 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £370,000 | £370,000 | 41 CANNON STREET |
| 13 Jul 2023 | £141,910 | £140,000 | 186 LONDON ROAD |
| 23 Feb 2023 | £204,862 | £205,000 | 4 CANNON STREET |
| 6 Feb 2023 | £199,866 | £200,000 | 16 CANNON STREET |
| 16 Jan 2023 | £152,283 | £153,000 | FLAT 1 163 LONDON ROAD |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 14 Sep 2020. Using an estimated price of £384,484 means this house is valued at £2,934 per sq meter (£272 per sq foot).
The average size of a house on WYCH ELM CLOSE is 86 sq meters (933 sq feet).
This house is the largest in the street with a floor area of 131 sq meters (1,410 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Silverdale Avenue |
| Mar 2024 | Burglary | Under investigation | On or near Lark Hill |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Lark Hill Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lark Hill Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Lark Hill Road |