£347,869
This estimated value is based upon the latest sale price for the house of £225,000 on 20 May 2014. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £225,000 | 20 May 2014 |
| £195,500 | 29 Oct 2013 |
| 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 May 2014 the House Price Index for WORCESTERSHIRE was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £225,000 results in an estimated price of approximately £347,869.
| 20 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £225,000 | £122,869 | £347,869 |
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 | 55.481 % | £124,833 | £349,833 |
| 3 Month Average | 50.812 % | £114,327 | £339,327 |
| 6 Month Average | 53.587 % | £120,570 | £345,570 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £670,869 | £665,000 | WHARF COTTAGE SHAW LANE |
| 28 Apr 2023 | £293,156 | £290,000 | 9 JUBILEE TERRACE |
| 3 Apr 2023 | £125,350 | £124,000 | 15 JOHN CORBETT WAY |
| 3 Apr 2023 | £295,178 | £292,000 | 6 JUBILEE TERRACE |
| 27 Jan 2023 | £184,133 | £185,000 | 3 CORBETT DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near John Corbett Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near John Corbett Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near John Corbett Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near John Corbett Way |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Astwood Lane |