£232,242
This estimated value is based upon the latest sale price for the house of £135,000 on 29 Mar 2011. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
There has been one burglary within the last year on or near Netherwich Gardens
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| Price Paid | Date |
|---|---|
| £135,000 | 29 Mar 2011 |
| £155,000 | 17 Jul 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 741 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 March 2011 the House Price Index for WORCESTERSHIRE was 86.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.032%.Applying this 72.032% change to the original purchase price of £135,000 results in an estimated price of approximately £232,242.
| 29 Mar 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 148.6 | 72.032 % | £135,000 | £97,242 | £232,242 |
The Postcode Pricing Model uses changes in average sales price within the WR9 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 | 12.824 % | £17,311 | £152,311 |
| 3 Month Average | 24.362 % | £32,888 | £167,888 |
| 6 Month Average | 43.932 % | £59,307 | £194,307 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £178,116 | £175,000 | 2 MILL COURT HONEYMANS GARDENS |
| 1 Dec 2023 | £170,483 | £167,500 | 4 HONEYMANS GARDENS |
| 18 Aug 2023 | £183,606 | £182,000 | 2 HONEYMANS GARDENS |
| 11 Jul 2023 | £253,411 | £250,000 | 9 HIPKISS GARDENS |
| 7 Jul 2023 | £261,520 | £258,000 | 1 NETHERWICH GARDENS |
This house has a floor area of 68 sq meters or 741 sq feet when measured on 30 Nov 2009. Using an estimated price of £232,243 means this house is valued at £3,371 per sq meter (£313 per sq foot).
The average size of a house on HONEYMANS GARDENS is 75 sq meters (816 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Netherwich Gardens |
| Feb 2024 | Public order | Under investigation | On or near Netherwich Gardens |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Netherwich Gardens |
| Feb 2024 | Other theft | Under investigation | On or near Honeymans Gardens |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hipkiss Gardens |