£328,420
This estimated value is based upon the latest sale price for the house of £324,000 on 12 Jul 2023. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £324,000 | 12 Jul 2023 |
| £204,000 | 15 Dec 2014 |
| Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 July 2023 the House Price Index for WORCESTERSHIRE was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £324,000 results in an estimated price of approximately £328,420.
| 12 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £324,000 | £4,420 | £328,420 |
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 | 6.261 % | £20,284 | £344,284 |
| 3 Month Average | 17.434 % | £56,486 | £380,486 |
| 6 Month Average | 8.282 % | £26,832 | £350,832 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £435,866 | £430,000 | 5 FRAMLINGHAM CLOSE |
| 12 Jul 2023 | £328,420 | £324,000 | 7 BLAKENEY CLOSE |
| 16 Jun 2023 | £172,084 | £170,000 | 10 COLTISHALL CLOSE |
| 15 Mar 2023 | £227,140 | £225,000 | 33 FRAMLINGHAM CLOSE |
| 16 Feb 2023 | £162,890 | £163,000 | 32 FRAMLINGHAM CLOSE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 17 Apr 2015. Using an estimated price of £328,420 means this house is valued at £3,818 per sq meter (£354 per sq foot).
The average size of a house on BLAKENEY CLOSE is 133 sq meters (1,438 sq feet).
This house is the smallest in the street with a floor area of 86 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Southwold Close | |
| Dec 2023 | Anti-social behaviour | On or near Southwold Close | |
| Dec 2023 | Anti-social behaviour | On or near Southwold Close | |
| Dec 2023 | Anti-social behaviour | On or near Southwold Close | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ransom Avenue |