£588,297
This estimated value is based upon the latest sale price for the house of £346,500 on 12 Oct 2012. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £346,500 | 12 Oct 2012 |
| £119,995 | 1 Aug 1996 |
| Detached |
| Freehold |
| Floor Area: 158 sq meters or 1,700 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 October 2012 the House Price Index for WORCESTERSHIRE was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £346,500 results in an estimated price of approximately £588,297.
| 12 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.783 % | £346,500 | £241,797 | £588,297 |
The Postcode Pricing Model uses changes in average sales price within the WR5 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 | 24.545 % | £85,049 | £431,549 |
| 3 Month Average | 51.249 % | £177,577 | £524,077 |
| 6 Month Average | 50.679 % | £175,601 | £522,101 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2022 | £616,532 | £624,000 | 330 BATH ROAD |
| 12 Aug 2022 | £217,415 | £218,000 | FLAT 3 ELM COURT ELM GREEN CLOSE |
| 12 Aug 2022 | £184,503 | £185,000 | FLAT 3A ELM COURT ELM GREEN CLOSE |
| 22 Jul 2022 | £411,107 | £410,000 | 354 BATH ROAD |
| 27 May 2022 | £185,495 | £182,000 | FLAT 1A ELM COURT ELM GREEN CLOSE |
This house has a floor area of 158 sq meters or 1,700 sq feet when measured on 16 Apr 2012. Using an estimated price of £588,298 means this house is valued at £3,723 per sq meter (£345 per sq foot).
The average size of a house on NORTON CLOSE is 165 sq meters (1,776 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bath Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Bath Road |
| Feb 2024 | Anti-social behaviour | On or near St Peter'S Hill | |
| Feb 2024 | Anti-social behaviour | On or near St Peter'S Hill | |
| Jan 2024 | Possession of weapons | Unable to prosecute suspect | On or near St Peter'S Hill |