£252,133
This estimated value is based upon the latest sale price for the house of £200,000 on 14 Nov 2017. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £200,000 | 14 Nov 2017 |
| Detached |
| Freehold |
| Floor Area: 52 sq meters or 559 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 November 2017 the House Price Index for WORCESTERSHIRE was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £200,000 results in an estimated price of approximately £252,133.
| 14 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.6 | 26.067 % | £200,000 | £52,133 | £252,133 |
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 | 78.052 % | £156,104 | £356,104 |
| 3 Month Average | 37.345 % | £74,689 | £274,689 |
| 6 Month Average | 26.832 % | £53,664 | £253,664 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Feb 2023 | £289,805 | £290,000 | 41 SPRINGFIELD ROAD |
| 27 Oct 2022 | £183,029 | £185,000 | 22 BARNES WAY |
| 25 Aug 2022 | £216,417 | £217,000 | 58 BARNES WAY |
| 28 Jan 2022 | £194,695 | £185,000 | 11 BARNES WAY |
| 1 Nov 2021 | £254,156 | £235,000 | 40 BARNES WAY |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 4 Aug 2017. Using an estimated price of £252,134 means this house is valued at £4,848 per sq meter (£450 per sq foot).
The average size of a house on SPRINGFIELD ROAD is 81 sq meters (881 sq feet).
This house is the smallest in the street with a floor area of 52 sq meters (559 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ransom Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ransom Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ransom Avenue |
| Feb 2024 | Anti-social behaviour | On or near Ransom Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Ransom Avenue |