£649,858
This estimated value is based upon the latest sale price for the house of £620,000 on 28 Jan 2022. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £620,000 | 28 Jan 2022 |
| £405,000 | 18 Aug 2017 |
| Detached |
| Freehold |
| Floor Area: 161 sq meters or 1,732 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 January 2022 the House Price Index for WORCESTERSHIRE was 141.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.816%.Applying this 4.816% change to the original purchase price of £620,000 results in an estimated price of approximately £649,858.
| 28 Jan 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.0 | 4.816 % | £620,000 | £29,858 | £649,858 |
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 | -16.792 % | £-104,112 | £515,887 |
| 3 Month Average | 10.214 % | £63,327 | £683,327 |
| 6 Month Average | 7.730 % | £47,923 | £667,923 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Feb 2023 | £557,364 | £560,000 | 4 PRINCE HENRYS CLOSE |
| 28 Jan 2022 | £649,858 | £620,000 | 10 PRINCE HENRYS CLOSE |
| 24 Sep 2021 | £456,128 | £425,000 | 27 LANESFIELD PARK |
| 30 Jun 2021 | £429,574 | £402,000 | 4 COLLINSFIELD |
| 18 Dec 2020 | £582,970 | £510,000 | WOODLANDS GREENHILL PARK ROAD |
This house has a floor area of 161 sq meters or 1,732 sq feet when measured on 19 Mar 2019. Using an estimated price of £649,858 means this house is valued at £4,036 per sq meter (£374 per sq foot).
The average size of a house on PRINCE HENRYS CLOSE is 175 sq meters (1,887 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Prince Henrys Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Simon De Montfort Drive |
| Feb 2024 | Anti-social behaviour | On or near Simon De Montfort Drive | |
| Feb 2024 | Anti-social behaviour | On or near Simon De Montfort Drive | |
| Feb 2024 | Anti-social behaviour | On or near Simon De Montfort Drive |