£346,465
This estimated value is based upon the latest sale price for the house of £225,000 on 16 May 2014. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £225,000 | 16 May 2014 |
| £195,000 | 12 Oct 2012 |
| £217,500 | 14 Jun 2005 |
| £129,950 | 1 Sep 2000 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 May 2014 the House Price Index for WORCESTERSHIRE was 96.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 53.985%.Applying this 53.985% change to the original purchase price of £225,000 results in an estimated price of approximately £346,465.
| 16 May 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.0 | 53.985 % | £225,000 | £121,465 | £346,465 |
The Postcode Pricing Model uses changes in average sales price within the B97 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 | 77.294 % | £173,911 | £398,911 |
| 3 Month Average | 55.011 % | £123,775 | £348,775 |
| 6 Month Average | 49.455 % | £111,274 | £336,274 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £268,446 | £265,000 | 23 MARCHWOOD CLOSE |
| 15 Jun 2023 | £236,921 | £235,000 | 3 MARCHWOOD CLOSE |
| 3 Apr 2023 | £279,578 | £277,500 | 94 APPLETREE LANE |
| 31 Oct 2022 | £278,855 | £283,000 | 27 MARCHWOOD CLOSE |
| 16 Sep 2022 | £227,236 | £230,000 | 10 LENCH CLOSE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 9 Aug 2013. Using an estimated price of £346,465 means this house is valued at £3,464 per sq meter (£321 per sq foot).
The average size of a house on APPLETREE LANE is 75 sq meters (811 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lench Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Dairy Lane |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Findon Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Mappleborough Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosedale Close |