£328,613
This estimated value is based upon the latest sale price for the house of £266,000 on 1 Mar 2019. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £266,000 | 1 Mar 2019 |
| £245,000 | 2 Dec 2016 |
| £209,995 | 10 Nov 2006 |
| Semi-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 March 2019 the House Price Index for WORCESTERSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £266,000 results in an estimated price of approximately £328,613.
| 1 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £266,000 | £62,613 | £328,613 |
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 | 4.226 % | £11,241 | £277,241 |
| 3 Month Average | 15.864 % | £42,199 | £308,199 |
| 6 Month Average | 17.665 % | £46,988 | £312,988 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £425,440 | £420,000 | 11 BREME LODGE |
| 17 Jul 2023 | £334,502 | £330,000 | 7 BREME LODGE |
| 14 Jul 2023 | £271,149 | £267,500 | 12 STEEL CLOSE |
| 3 Apr 2023 | £370,489 | £366,500 | 14 COMPASS WAY |
| 27 Oct 2022 | £371,005 | £375,000 | PLOT C BROMSGROVE ENTERPRISE PARK BRIDGE ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 30 Nov 2018. Using an estimated price of £328,613 means this house is valued at £3,042 per sq meter (£282 per sq foot).
The average size of a house on STEEL CLOSE is 98 sq meters (1,056 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Breme Lodge |
| Jan 2024 | Anti-social behaviour | On or near Bridge Road | |
| Jan 2024 | Anti-social behaviour | On or near Bridge Road | |
| Jan 2024 | Anti-social behaviour | On or near Bridge Road | |
| Jan 2024 | Anti-social behaviour | On or near Bridge Road |