£441,016
This estimated value is based upon the latest sale price for the house of £431,000 on 9 Oct 2023. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£431,000 | 9 Oct 2023 |
£329,000 | 18 Aug 2016 |
Detached |
Freehold |
Floor Area: 106 sq meters or 1,140 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 2023 the House Price Index for WORCESTERSHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £431,000 results in an estimated price of approximately £441,016.
9 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £431,000 | £10,016 | £441,016 |
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 | -69.428 % | £-299,233 | £131,766 |
3 Month Average | -9.642 % | £-41,558 | £389,441 |
6 Month Average | -5.852 % | £-25,222 | £405,777 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £256,511 | £250,000 | 5 ABBEY CLOSE |
9 Oct 2023 | £441,016 | £431,000 | 7 GREEN PARK ROAD |
14 Feb 2023 | £231,798 | £230,250 | 1 ABBEY CLOSE |
17 Dec 2021 | £223,417 | £207,000 | 12 SHAFTESBURY CLOSE |
10 Dec 2021 | £173,769 | £161,000 | 38 ABBEY CLOSE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 6 May 2016. Using an estimated price of £441,016 means this house is valued at £4,160 per sq meter (£386 per sq foot).
The average size of a house on GREEN PARK ROAD is 99 sq meters (1,066 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shaftesbury Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Knowesley Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Abbey Close |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Abbey Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Medici Road |