£206,626
This estimated value is based upon the latest sale price for the house of £39,500 on 15 Apr 1997. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £39,500 | 15 Apr 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 38 sq meters or 409 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 April 1997 the House Price Index for WORCESTERSHIRE was 28.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 423.104%.Applying this 423.104% change to the original purchase price of £39,500 results in an estimated price of approximately £206,626.
| 15 Apr 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.4 | 148.6 | 423.104 % | £39,500 | £167,126 | £206,626 |
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 | 371.692 % | £146,818 | £186,318 |
| 3 Month Average | 321.625 % | £127,041 | £166,541 |
| 6 Month Average | 316.539 % | £125,032 | £164,532 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £306,000 | £306,000 | 9 ERWOOD CLOSE |
| 5 Sep 2023 | £476,087 | £470,000 | 5 DUNSTALL CLOSE |
| 1 Sep 2023 | £190,435 | £188,000 | 4 WOODSIDE AVENUE |
| 31 Aug 2023 | £116,015 | £115,000 | 21 WESTBURY HOUSE MINWORTH CLOSE |
| 24 Mar 2023 | £423,995 | £420,000 | 246 BIRCHFIELD ROAD |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 4 Mar 2019. Using an estimated price of £206,626 means this house is valued at £5,437 per sq meter (£505 per sq foot).
The average size of a house on MINWORTH CLOSE is 70 sq meters (762 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Minworth Close | |
| Jan 2024 | Anti-social behaviour | On or near Minworth Close | |
| Jan 2024 | Anti-social behaviour | On or near Minworth Close | |
| Feb 2024 | Anti-social behaviour | On or near Birchfield Road | |
| Feb 2024 | Anti-social behaviour | On or near Birchfield Road |