£310,221
This estimated value is based upon the latest sale price for the house of £255,000 on 29 Oct 2018. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £255,000 | 29 Oct 2018 |
| £85,000 | 25 Jul 1997 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 £255,000 results in an estimated price of approximately £310,221.
| 29 Oct 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 146.7 | 21.655 % | £255,000 | £55,221 | £310,221 |
The Postcode Pricing Model uses changes in average sales price within the DY12 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 | -67.776 % | £-172,828 | £82,171 |
| 3 Month Average | -18.019 % | £-45,948 | £209,051 |
| 6 Month Average | 1.778 % | £4,532 | £259,532 |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 16 May 2017.
The average size of a house on WYRE HILL is 93 sq meters (1,005 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Wyre Hill |
| Mar 2024 | Burglary | Under investigation | On or near Severn Way |
| Mar 2024 | Drugs | Under investigation | On or near Early River Place |