£261,114
This estimated value is based upon the latest sale price for the house of £155,000 on 3 Dec 2012. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £155,000 | 3 Dec 2012 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 740 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 December 2012 the House Price Index for WORCESTERSHIRE was 87.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 68.461%.Applying this 68.461% change to the original purchase price of £155,000 results in an estimated price of approximately £261,114.
| 3 Dec 2012 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 148.0 | 68.461 % | £155,000 | £106,114 | £261,114 |
The Postcode Pricing Model uses changes in average sales price within the B97 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 | 86.430 % | £133,967 | £288,967 |
| 3 Month Average | 67.907 % | £105,255 | £260,255 |
| 6 Month Average | 57.939 % | £89,805 | £244,805 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £509,642 | £500,000 | 4 BLACKSTITCH LANE |
| 4 Aug 2023 | £266,621 | £265,000 | 177 HEATHFIELD ROAD |
| 16 Jun 2023 | £423,433 | £420,000 | 47 BLACKSTITCH LANE |
| 17 Apr 2023 | £312,321 | £310,000 | 4 RAGLIS CLOSE |
| 3 Apr 2023 | £280,082 | £278,000 | 92 HEATHFIELD ROAD |
This house has a floor area of 68 sq meters or 740 sq feet when measured on 22 Feb 2012. Using an estimated price of £261,114 means this house is valued at £3,793 per sq meter (£352 per sq foot).
The average size of a house on HEATHFIELD ROAD is 84 sq meters (909 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Raglis Close |
| Mar 2024 | Anti-social behaviour | On or near Raglis Close | |
| Mar 2024 | Anti-social behaviour | On or near Raglis Close | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Raglis Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Raglis Close |