£236,603
This estimated value is based upon the latest sale price for the house of £195,000 on 12 Mar 2020. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £195,000 | 12 Mar 2020 |
| £95,000 | 20 Sep 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 March 2020 the House Price Index for WORCESTERSHIRE was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £195,000 results in an estimated price of approximately £236,603.
| 12 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £195,000 | £41,603 | £236,603 |
The Postcode Pricing Model uses changes in average sales price within the DY11 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 | 32.477 % | £63,330 | £258,330 |
| 3 Month Average | 23.963 % | £46,727 | £241,727 |
| 6 Month Average | 15.732 % | £30,677 | £225,677 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Oct 2024 | £251,000 | £251,000 | 41 OAKFIELD ROAD |
| 5 Sep 2024 | £284,000 | £284,000 | 53 LEA BANK AVENUE |
| 20 Dec 2023 | £260,505 | £252,500 | 107 GREATFIELD ROAD |
| 4 Dec 2023 | £271,338 | £263,000 | 32 OAKFIELD ROAD |
| 4 Sep 2023 | £264,327 | £258,500 | 1 BELLE ORCHARD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 9 Jan 2020. Using an estimated price of £236,604 means this house is valued at £2,751 per sq meter (£255 per sq foot).
The average size of a house on GREATFIELD ROAD is 88 sq meters (956 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Greatfield Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Greatfield Road |
| Oct 2024 | Vehicle crime | Under investigation | On or near Greatfield Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Greatfield Road |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Greatfield Road |