£289,240
This estimated value is based upon the latest sale price for the house of £169,000 on 2 Dec 2010. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £169,000 | 2 Dec 2010 |
| £55,600 | 25 Oct 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 892 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 December 2010 the House Price Index for WORCESTERSHIRE was 86.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.148%.Applying this 71.148% change to the original purchase price of £169,000 results in an estimated price of approximately £289,240.
| 2 Dec 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.8 | 148.6 | 71.148 % | £169,000 | £120,240 | £289,240 |
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 | 12.805 % | £21,641 | £190,641 |
| 3 Month Average | 40.484 % | £68,418 | £237,418 |
| 6 Month Average | 55.932 % | £94,524 | £263,524 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £369,984 | £366,000 | 6 HAZEL CLOSE |
| 16 Aug 2022 | £281,742 | £282,500 | 19 CEDAR CLOSE |
| 17 Jun 2022 | £418,413 | £412,500 | 34 REBEKAH GARDENS |
| 24 Sep 2021 | £420,261 | £390,000 | 36 REBEKAH GARDENS |
| 19 Apr 2021 | £293,587 | £260,000 | 21 CEDAR CLOSE |
This house has a floor area of 82 sq meters or 892 sq feet when measured on 17 Sep 2010. Using an estimated price of £289,240 means this house is valued at £3,486 per sq meter (£323 per sq foot).
The average size of a house on CEDAR CLOSE is 109 sq meters (1,178 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cedar Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hazel Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sarai Close |