£167,913
This estimated value is based upon the latest sale price for the house of £123,000 on 3 Feb 2016. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £123,000 | 3 Feb 2016 |
| £67,500 | 1 May 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 February 2016 the House Price Index for WORCESTERSHIRE was 108.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 36.515%.Applying this 36.515% change to the original purchase price of £123,000 results in an estimated price of approximately £167,913.
| 3 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 148.6 | 36.515 % | £123,000 | £44,913 | £167,913 |
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 | 23.396 % | £28,776 | £151,776 |
| 3 Month Average | 14.479 % | £17,808 | £140,808 |
| 6 Month Average | 32.830 % | £40,380 | £163,380 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £383,354 | £380,000 | 18 DESIGN CLOSE |
| 14 Jul 2023 | £271,149 | £267,500 | 12 STEEL CLOSE |
| 23 Jun 2023 | £75,920 | £75,000 | FLAT 4 GARDEN COURT DESIGN CLOSE |
| 3 Apr 2023 | £370,489 | £366,500 | 14 COMPASS WAY |
| 27 Oct 2022 | £371,005 | £375,000 | PLOT C BROMSGROVE ENTERPRISE PARK BRIDGE ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 30 Jun 2015. Using an estimated price of £167,914 means this house is valued at £3,052 per sq meter (£283 per sq foot).
The average size of a house on DESIGN CLOSE is 65 sq meters (705 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Design Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Breme Lodge |
| Jan 2024 | Anti-social behaviour | On or near Bridge Road | |
| Jan 2024 | Anti-social behaviour | On or near Bridge Road | |
| Jan 2024 | Anti-social behaviour | On or near Bridge Road |