£274,991
This estimated value is based upon the latest sale price for the house of £217,500 on 19 Jan 2018. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£217,500 | 19 Jan 2018 |
Semi-Detached |
Freehold |
Floor Area: 86 sq meters or 925 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 January 2018 the House Price Index for WORCESTERSHIRE was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £217,500 results in an estimated price of approximately £274,991.
19 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 149.7 | 26.433 % | £217,500 | £57,491 | £274,991 |
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 | -13.988 % | £-30,424 | £187,075 |
3 Month Average | 18.953 % | £41,222 | £258,722 |
6 Month Average | 16.324 % | £35,504 | £253,004 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Jan 2023 | £261,699 | £261,000 | 18 DRAGOON FIELDS |
25 Nov 2022 | £374,250 | £376,000 | 7 RIGBY LANE |
21 Jul 2022 | £328,289 | £325,000 | 6 ST GODWALDS CRESCENT |
8 Jul 2022 | £249,500 | £247,000 | 6 DRAGOON FIELDS |
24 Jun 2022 | £337,208 | £330,000 | 4 ST GODWALDS CRESCENT |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 11 Sep 2017. Using an estimated price of £274,992 means this house is valued at £3,197 per sq meter (£297 per sq foot).
The average size of a house on RIGBY LANE is 106 sq meters (1,146 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Chaucer Road |
Apr 2024 | Drugs | Under investigation | On or near Chaucer Road |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Corbett Close |
Jul 2024 | Public order | Under investigation | On or near Vicarage Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Vicarage Close |