£242,163
This estimated value is based upon the latest sale price for the house of £142,000 on 24 May 2012. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £142,000 | 24 May 2012 |
| £120,000 | 3 Apr 2012 |
| £59,950 | 2 Sep 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 727 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 May 2012 the House Price Index for WORCESTERSHIRE was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £142,000 results in an estimated price of approximately £242,163.
| 24 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.538 % | £142,000 | £100,163 | £242,163 |
The Postcode Pricing Model uses changes in average sales price within the B97 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 | 83.837 % | £119,048 | £261,048 |
| 3 Month Average | 60.541 % | £85,968 | £227,968 |
| 6 Month Average | 66.195 % | £93,997 | £235,997 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2023 | £359,598 | £355,000 | 3 SHELLEY CLOSE |
| 11 Aug 2023 | £398,486 | £395,000 | 1 BURNS CLOSE |
| 2 Aug 2023 | £368,221 | £365,000 | 35 FECKENHAM ROAD |
| 17 Jul 2023 | £329,434 | £325,000 | 124 THE MEADWAY |
| 31 Mar 2023 | £353,329 | £350,000 | 28 FECKENHAM ROAD |
This house has a floor area of 67 sq meters or 727 sq feet when measured on 21 Mar 2012. Using an estimated price of £242,163 means this house is valued at £3,582 per sq meter (£332 per sq foot).
The average size of a house on THE MEADWAY is 81 sq meters (881 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shelley Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shelley Close |
| Mar 2024 | Drugs | Under investigation | On or near Shelley Close |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Wilson Close |
| Feb 2024 | Drugs | Under investigation | On or near Charles Street |