£398,124
This estimated value is based upon the latest sale price for the house of £400,000 on 5 Jan 2023. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£400,000 | 5 Jan 2023 |
£299,995 | 13 Aug 2015 |
Detached |
Freehold |
Floor Area: 115 sq meters or 1,237 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 2023 the House Price Index for WORCESTERSHIRE was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £400,000 results in an estimated price of approximately £398,124.
5 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.3 | 148.6 | -0.469 % | £400,000 | £-1,875 | £398,124 |
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 | -24.301 % | £-97,204 | £302,795 |
3 Month Average | 8.235 % | £32,941 | £432,941 |
6 Month Average | -0.714 % | £-2,854 | £397,145 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £361,322 | £355,000 | 2 SHANNON WAY |
22 Sep 2023 | £170,176 | £168,000 | FLAT 5 HILLCREST HILLCREST |
14 Jul 2023 | £536,217 | £529,000 | 39 SHANNON WAY |
6 Jan 2023 | £365,777 | £367,500 | 6 HAWTHORN ROAD |
5 Jan 2023 | £398,125 | £400,000 | 12 JUPITER ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 14 Jul 2015. Using an estimated price of £398,125 means this house is valued at £3,461 per sq meter (£321 per sq foot).
The average size of a house on JUPITER ROAD is 165 sq meters (1,777 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Hill Crest |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Shannon Way |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Shannon Way |
Jan 2024 | Anti-social behaviour | On or near Blackthorn Close | |
Jan 2024 | Anti-social behaviour | On or near Blackthorn Close |