£296,539
This estimated value is based upon the latest sale price for the house of £173,500 on 22 Mar 2012. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £173,500 | 22 Mar 2012 |
| £200,000 | 2 Feb 2007 |
| £125,000 | 1 Sep 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 873 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 2012 the House Price Index for WORCESTERSHIRE was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £173,500 results in an estimated price of approximately £296,539.
| 22 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 148.6 | 70.916 % | £173,500 | £123,039 | £296,539 |
The Postcode Pricing Model uses changes in average sales price within the WR3 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 | 83.035 % | £144,066 | £317,566 |
| 3 Month Average | 77.655 % | £134,731 | £308,231 |
| 6 Month Average | 59.057 % | £102,464 | £275,964 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £278,562 | £275,000 | 39 ST ANNES ROAD |
| 16 Mar 2023 | £393,709 | £390,000 | 15 ST MICHAELS ROAD |
| 18 Nov 2022 | £256,888 | £260,000 | 26 ST MICHAELS ROAD |
| 16 Aug 2022 | £214,423 | £215,000 | 26 GILMOUR CRESCENT |
| 9 Jun 2022 | £527,454 | £520,000 | 22 MORRIN CLOSE |
This house has a floor area of 81 sq meters or 873 sq feet when measured on 2 Feb 2012. Using an estimated price of £296,540 means this house is valued at £3,652 per sq meter (£339 per sq foot).
The average size of a house on MORRIN CLOSE is 95 sq meters (1,031 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Gilmour Crescent |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Elmdale Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Elmdale Road |
| Jan 2024 | Anti-social behaviour | On or near The Grove | |
| Jan 2024 | Anti-social behaviour | On or near The Grove |