£548,564
This estimated value is based upon the latest sale price for the house of £425,000 on 16 Jun 2017. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £425,000 | 16 Jun 2017 |
| £380,000 | 31 Mar 2005 |
| Detached |
| Freehold |
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 2017 the House Price Index for WORCESTERSHIRE was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £425,000 results in an estimated price of approximately £548,564.
| 16 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 149.7 | 29.074 % | £425,000 | £123,564 | £548,564 |
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 | -15.600 % | £-66,300 | £358,699 |
| 3 Month Average | 2.867 % | £12,183 | £437,183 |
| 6 Month Average | 11.870 % | £50,448 | £475,448 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Oct 2023 | £404,180 | £395,000 | NAILERS COTTAGE, 49 LICKEY ROCK |
| 12 Apr 2023 | £326,099 | £320,000 | 27 LINEHOUSE LANE |
| 4 Apr 2023 | £273,108 | £268,000 | 30 GREENFIELD AVENUE |
| 3 Feb 2023 | £437,925 | £435,000 | 44 GREENFIELD AVENUE |
| 26 Jan 2023 | £556,487 | £555,000 | 59A LICKEY ROCK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near West View |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near West View |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cottage Drive |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Old Birmingham Road |