£509,426
This estimated value is based upon the latest sale price for the house of £410,000 on 19 Jul 2019. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £410,000 | 19 Jul 2019 |
| £275,000 | 27 Oct 2009 |
| £319,950 | 16 Dec 2005 |
| Detached |
| Freehold |
| Floor Area: 157 sq meters or 1,689 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 July 2019 the House Price Index for WORCESTERSHIRE was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £410,000 results in an estimated price of approximately £509,426.
| 19 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £410,000 | £99,426 | £509,426 |
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 | -28.357 % | £-116,262 | £293,737 |
| 3 Month Average | 8.532 % | £34,982 | £444,982 |
| 6 Month Average | 11.327 % | £46,438 | £456,438 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £349,948 | £342,000 | 3 STEEL CLOSE |
| 26 Sep 2023 | £429,467 | £420,000 | 11 BREME LODGE |
| 3 Apr 2023 | £373,486 | £366,500 | 14 COMPASS WAY |
| 27 Oct 2022 | £373,752 | £375,000 | PLOT C BROMSGROVE ENTERPRISE PARK BRIDGE ROAD |
| 17 Jun 2022 | £342,317 | £335,000 | 10 BREME LODGE |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 19 Jan 2019. Using an estimated price of £509,427 means this house is valued at £3,244 per sq meter (£301 per sq foot).
The average size of a house on COMPASS WAY is 133 sq meters (1,433 sq feet).
This house is the largest in the street with a floor area of 157 sq meters (1,689 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Compass Way |
| Jul 2024 | Anti-social behaviour | On or near Design Close | |
| Jul 2024 | Other theft | Under investigation | On or near Bridge Road |
| Jul 2024 | Anti-social behaviour | On or near Maiden Way | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Newton Road |