£347,698
This estimated value is based upon the latest sale price for the house of £205,000 on 6 Jun 2012. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£205,000 | 6 Jun 2012 |
£189,995 | 12 Aug 2004 |
Terraced |
Freehold |
Floor Area: 105 sq meters or 1,130 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 June 2012 the House Price Index for WORCESTERSHIRE was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £205,000 results in an estimated price of approximately £347,698.
6 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 148.6 | 69.609 % | £205,000 | £142,698 | £347,698 |
The Postcode Pricing Model uses changes in average sales price within the B60 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 | 54.110 % | £110,924 | £315,924 |
3 Month Average | 48.078 % | £98,559 | £303,559 |
6 Month Average | 57.446 % | £117,763 | £322,763 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Sep 2023 | £174,734 | £172,500 | 35 NEWTON SQUARE |
25 Aug 2023 | £312,736 | £310,000 | 21 IRON WAY |
31 Mar 2023 | £189,788 | £188,000 | 27 NEWTON SQUARE |
7 Oct 2021 | £365,138 | £330,000 | 15 VALE GROVE |
17 Aug 2021 | £234,279 | £210,000 | 31 IRON WAY |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 4 Apr 2012. Using an estimated price of £347,699 means this house is valued at £3,311 per sq meter (£307 per sq foot).
The average size of a house on BLACKSMITH DRIVE is 96 sq meters (1,042 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Drugs | Local resolution | On or near Iron Way |
Jan 2024 | Anti-social behaviour | On or near Gate House Lane | |
Jan 2024 | Anti-social behaviour | On or near Gate House Lane | |
Jan 2024 | Anti-social behaviour | On or near Gate House Lane | |
Jan 2024 | Anti-social behaviour | On or near Gate House Lane |