£272,206
This estimated value is based upon the latest sale price for the house of £157,500 on 22 Dec 2009. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £157,500 | 22 Dec 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 951 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 December 2009 the House Price Index for WORCESTERSHIRE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.830%.Applying this 72.830% change to the original purchase price of £157,500 results in an estimated price of approximately £272,206.
| 22 Dec 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.830 % | £157,500 | £114,706 | £272,206 |
The Postcode Pricing Model uses changes in average sales price within the DY12 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 | 124.585 % | £196,221 | £353,721 |
| 3 Month Average | 40.595 % | £63,936 | £221,436 |
| 6 Month Average | 33.906 % | £53,401 | £210,901 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £274,401 | £272,000 | 16 HALES PARK |
| 7 Jul 2023 | £273,683 | £270,000 | 40 HALES PARK |
| 28 Mar 2023 | £444,185 | £440,000 | SUNRISE CLEOBURY ROAD |
| 10 Mar 2023 | £244,302 | £242,000 | 43 HALES PARK |
| 12 Apr 2022 | £427,367 | £415,000 | 51 CLEOBURY ROAD |
This house has a floor area of 88 sq meters or 951 sq feet when measured on 28 Oct 2008. Using an estimated price of £272,207 means this house is valued at £3,079 per sq meter (£286 per sq foot).
The average size of a house on MORELLA CLOSE is 103 sq meters (1,111 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Early River Place |
| Mar 2024 | Drugs | Unable to prosecute suspect | On or near Early River Place |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Yew Tree Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wyre Hill |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Wyre Hill |