£349,252
This estimated value is based upon the latest sale price for the house of £290,000 on 30 Jul 2020. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £290,000 | 30 Jul 2020 |
| Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 July 2020 the House Price Index for WORCESTERSHIRE was 122.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.432%.Applying this 20.432% change to the original purchase price of £290,000 results in an estimated price of approximately £349,252.
| 30 Jul 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.0 | 20.432 % | £290,000 | £59,252 | £349,252 |
The Postcode Pricing Model uses changes in average sales price within the WR11 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 | 22.773 % | £66,041 | £356,041 |
| 3 Month Average | 46.062 % | £133,580 | £423,580 |
| 6 Month Average | 27.868 % | £80,817 | £370,817 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £412,509 | £410,000 | 33 BROOKLANDS DRIVE |
| 31 Jul 2023 | £267,531 | £265,000 | 19 MAGDALEN DRIVE |
| 30 Mar 2023 | £351,902 | £350,000 | 1 CHRIST CHURCH WAY |
| 1 Sep 2022 | £340,854 | £345,000 | 6 CHRIST CHURCH WAY |
| 20 May 2022 | £158,633 | £156,275 | 26 BROOKLANDS DRIVE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 23 Jun 2020. Using an estimated price of £349,253 means this house is valued at £4,420 per sq meter (£410 per sq foot).
The average size of a house on MAGDALEN DRIVE is 112 sq meters (1,208 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Magdalen Drive |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Magdalen Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Christ Church Way |
| Apr 2024 | Other theft | Under investigation | On or near Christ Church Way |
| Mar 2024 | Anti-social behaviour | On or near Christ Church Way |