£395,379
This estimated value is based upon the latest sale price for the house of £325,000 on 17 Oct 2018. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £325,000 | 17 Oct 2018 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 2018 the House Price Index for WORCESTERSHIRE was 120.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.655%.Applying this 21.655% change to the original purchase price of £325,000 results in an estimated price of approximately £395,379.
| 17 Oct 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 146.7 | 21.655 % | £325,000 | £70,379 | £395,379 |
The Postcode Pricing Model uses changes in average sales price within the DY11 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 | -17.664 % | £-57,408 | £267,591 |
| 3 Month Average | 9.562 % | £31,075 | £356,075 |
| 6 Month Average | 21.445 % | £69,694 | £394,694 |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 21 May 2018.
The average size of a house on NEWLANDS CLOSE is 200 sq meters (2,159 sq feet).
This house is the smallest in the street with a floor area of 131 sq meters (1,410 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Newlands Close |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Whitville Close |
| Mar 2024 | Anti-social behaviour | On or near Oakden Place | |
| Mar 2024 | Anti-social behaviour | On or near The Patios | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Patios |