£221,308
This estimated value is based upon the latest sale price for the house of £165,000 on 26 Aug 2016. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£165,000 | 26 Aug 2016 |
£59,500 | 29 Aug 1997 |
Semi-Detached |
Freehold |
Floor Area: 53 sq meters or 570 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 August 2016 the House Price Index for WORCESTERSHIRE was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £165,000 results in an estimated price of approximately £221,308.
26 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.126 % | £165,000 | £56,308 | £221,308 |
The Postcode Pricing Model uses changes in average sales price within the HR7 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 | 101.302 % | £167,148 | £332,148 |
3 Month Average | 38.484 % | £63,498 | £228,498 |
6 Month Average | 47.317 % | £78,073 | £243,073 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £302,289 | £293,000 | 5 HIGHWELL AVENUE |
17 Nov 2023 | £204,183 | £199,000 | 12 OAK CLOSE |
27 Oct 2023 | £237,392 | £232,000 | 5 ASH CRESCENT |
1 Sep 2023 | £178,945 | £175,000 | 29 ASH CRESCENT |
19 Jan 2023 | £288,772 | £288,000 | 7 HIGHWELL AVENUE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 25 Mar 2016. Using an estimated price of £221,308 means this house is valued at £4,175 per sq meter (£387 per sq foot).
The average size of a house on OAK CLOSE is 83 sq meters (902 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Highwell Avenue |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westfield Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Westfield Close |
Jun 2024 | Possession of weapons | Under investigation | On or near Lower Westfields |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Baynham Close |