£709,422
This estimated value is based upon the latest sale price for the house of £480,000 on 1 Oct 2014. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
There has been one burglary within the last year on or near Bankside Close
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| Price Paid | Date |
|---|---|
| £480,000 | 1 Oct 2014 |
| £320,000 | 7 Jun 2012 |
| Detached |
| Freehold |
| Floor Area: 146 sq meters or 1,571 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 October 2014 the House Price Index for WORCESTERSHIRE was 99.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 47.796%.Applying this 47.796% change to the original purchase price of £480,000 results in an estimated price of approximately £709,422.
| 1 Oct 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 146.7 | 47.796 % | £480,000 | £229,422 | £709,422 |
The Postcode Pricing Model uses changes in average sales price within the WR3 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 | 51.255 % | £246,023 | £726,023 |
| 3 Month Average | 43.912 % | £210,778 | £690,778 |
| 6 Month Average | 36.368 % | £174,566 | £654,566 |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 30 Apr 2012.
The average size of a house on NEWEYS HILL is 205 sq meters (2,213 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Bankside Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eastbank Drive |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Chacewater Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sabrina Walk |
| Mar 2024 | Anti-social behaviour | On or near Union Place |