£552,275
This estimated value is based upon the latest sale price for the house of £242,000 on 12 Sep 2003. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£242,000 | 12 Sep 2003 |
£150,000 | 24 Mar 2000 |
Detached |
Freehold |
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 September 2003 the House Price Index for WORCESTERSHIRE was 65.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 128.213%.Applying this 128.213% change to the original purchase price of £242,000 results in an estimated price of approximately £552,275.
12 Sep 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
65.1 | 148.6 | 128.213 % | £242,000 | £310,275 | £552,275 |
The Postcode Pricing Model uses changes in average sales price within the WR4 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 | 3.872 % | £9,369 | £251,369 |
3 Month Average | 62.229 % | £150,594 | £392,594 |
6 Month Average | 102.167 % | £247,243 | £489,243 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £486,548 | £480,000 | 35 GROSMONT AVENUE |
23 Mar 2023 | £368,471 | £365,000 | 7 GROSMONT AVENUE |
24 May 2022 | £331,241 | £325,000 | 51 GROSMONT AVENUE |
2 Mar 2022 | £442,484 | £427,000 | 4 ROCKINGHAM LANE |
4 Feb 2022 | £372,287 | £355,000 | 47 GROSMONT AVENUE |
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rockingham Lane |
Mar 2024 | Public order | Under investigation | On or near Newark Green |
Mar 2024 | Public order | Unable to prosecute suspect | On or near Newark Green |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Newark Green |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Newark Green |