£483,772
This estimated value is based upon the latest sale price for the house of £385,000 on 30 May 2018. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £385,000 | 30 May 2018 |
| £238,000 | 16 Jul 2003 |
| Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 2018 the House Price Index for WORCESTERSHIRE was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £385,000 results in an estimated price of approximately £483,772.
| 30 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £385,000 | £98,772 | £483,772 |
The Postcode Pricing Model uses changes in average sales price within the WR5 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 | 41.650 % | £160,351 | £545,351 |
| 3 Month Average | 28.463 % | £109,581 | £494,581 |
| 6 Month Average | 28.294 % | £108,930 | £493,930 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Oct 2023 | £230,229 | £225,000 | 50 CRANESBILL DRIVE |
| 19 Sep 2023 | £409,016 | £400,000 | 37 LOBELIA CLOSE |
| 31 Mar 2023 | £355,944 | £350,000 | 18 LOBELIA CLOSE |
| 6 Jan 2023 | £416,112 | £415,000 | 22 LOBELIA CLOSE |
| 28 Nov 2022 | £229,925 | £231,000 | 49 CRANESBILL DRIVE |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 22 May 2017. Using an estimated price of £483,773 means this house is valued at £3,779 per sq meter (£351 per sq foot).
The average size of a house on LOBELIA CLOSE is 108 sq meters (1,169 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hidcote Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stoneleigh Close |
| May 2024 | Violence and sexual offences | Under investigation | On or near Bullfinch Close |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bullfinch Close |
| May 2024 | Anti-social behaviour | On or near Batsford Road |