£457,325
This estimated value is based upon the latest sale price for the house of £360,000 on 12 May 2017. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £360,000 | 12 May 2017 |
| £300,000 | 2 Nov 2006 |
| £285,000 | 15 Aug 2003 |
| £225,000 | 24 Jan 2002 |
| £132,000 | 22 Mar 2001 |
| Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 2017 the House Price Index for WORCESTERSHIRE was 115.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.035%.Applying this 27.035% change to the original purchase price of £360,000 results in an estimated price of approximately £457,325.
| 12 May 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 146.7 | 27.035 % | £360,000 | £97,325 | £457,325 |
The Postcode Pricing Model uses changes in average sales price within the B98 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 | 26.023 % | £93,684 | £453,684 |
| 3 Month Average | 24.644 % | £88,716 | £448,716 |
| 6 Month Average | 42.995 % | £154,782 | £514,782 |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 16 Dec 2016.
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Millrace Road |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Millrace Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Millrace Road |
| Jan 2024 | Drugs | Awaiting court outcome | On or near Millrace Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Forge Mill Road |