£221,099
This estimated value is based upon the latest sale price for the house of £148,500 on 20 Feb 2015. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £148,500 | 20 Feb 2015 |
| £148,500 | 20 Jan 2015 |
| £125,000 | 20 Jul 2012 |
| £125,000 | 20 Jul 2012 |
| £122,000 | 23 Jan 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 843 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 February 2015 the House Price Index for WORCESTERSHIRE was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £148,500 results in an estimated price of approximately £221,099.
| 20 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 149.7 | 48.888 % | £148,500 | £72,599 | £221,099 |
The Postcode Pricing Model uses changes in average sales price within the WR5 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 | 36.331 % | £53,951 | £202,451 |
| 3 Month Average | 25.601 % | £38,017 | £186,517 |
| 6 Month Average | 37.666 % | £55,933 | £204,433 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £153,067 | £150,000 | 9 KENNET GREEN |
| 7 Mar 2023 | £238,991 | £235,000 | 132 MEDWAY ROAD |
| 28 Jul 2022 | £179,297 | £177,500 | 124 MEDWAY ROAD |
| 7 Jul 2022 | £231,419 | £229,100 | 8 KENNET GREEN |
| 11 Apr 2022 | £181,549 | £175,000 | 15 KENNET GREEN |
This house has a floor area of 78 sq meters or 843 sq feet when measured on 11 Apr 2011. Using an estimated price of £221,099 means this house is valued at £2,820 per sq meter (£261 per sq foot).
The average size of a house on MEDWAY ROAD is 77 sq meters (838 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Thames Close |
| Aug 2024 | Other crime | Under investigation | On or near Thames Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Thames Close |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Thames Close |
| Sep 2024 | Anti-social behaviour | On or near Wye Close |