£240,798
This estimated value is based upon the latest sale price for the house of £195,000 on 21 Sep 2018. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £195,000 | 21 Sep 2018 |
| £178,500 | 6 Mar 2017 |
| £131,000 | 27 Apr 2007 |
| £58,250 | 11 Aug 1998 |
| Terraced |
| Freehold |
| Floor Area: 51 sq meters or 555 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 September 2018 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 23.487%.Applying this 23.487% change to the original purchase price of £195,000 results in an estimated price of approximately £240,798.
| 21 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £195,000 | £45,798 | £240,798 |
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 | 15.189 % | £29,619 | £224,619 |
| 3 Month Average | 7.730 % | £15,073 | £210,073 |
| 6 Month Average | 17.477 % | £34,079 | £229,079 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £253,757 | £250,000 | 5 ABBEY CLOSE |
| 15 Sep 2023 | £506,476 | £500,000 | 10 REGENTS PARK ROAD |
| 14 Feb 2023 | £230,095 | £230,250 | 1 ABBEY CLOSE |
| 31 Mar 2022 | £240,413 | £232,000 | 26 ABBEY CLOSE |
| 10 Dec 2021 | £172,492 | £161,000 | 38 ABBEY CLOSE |
This house has a floor area of 51 sq meters or 555 sq feet when measured on 17 Nov 2008. Using an estimated price of £240,799 means this house is valued at £4,669 per sq meter (£433 per sq foot).
The average size of a house on ABBEY CLOSE is 53 sq meters (579 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Medici Road |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Shaftesbury Close |
| Feb 2024 | Drugs | Local resolution | On or near Shaftesbury Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brierley Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Osborne Road |