£412,823
This estimated value is based upon the latest sale price for the house of £335,000 on 5 Oct 2018. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £335,000 | 5 Oct 2018 |
| £115,000 | 9 Jul 1999 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £335,000 results in an estimated price of approximately £412,823.
| 5 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £335,000 | £77,823 | £412,823 |
The Postcode Pricing Model uses changes in average sales price within the WR9 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 | -22.520 % | £-75,442 | £259,557 |
| 3 Month Average | 3.854 % | £12,909 | £347,909 |
| 6 Month Average | 24.349 % | £81,567 | £416,567 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £327,183 | £323,000 | 20 MONNOW CLOSE |
| 8 Sep 2023 | £336,806 | £332,500 | 18 LAHN DRIVE |
| 30 Aug 2023 | £299,621 | £297,000 | 1 PELHAM ROAD |
| 4 Jan 2023 | £323,476 | £325,000 | 5 WITTON AVENUE |
| 12 Oct 2022 | £286,911 | £290,000 | 2 MONNOW CLOSE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 29 Jun 2018. Using an estimated price of £412,824 means this house is valued at £3,969 per sq meter (£368 per sq foot).
The average size of a house on WYE CLOSE is 119 sq meters (1,285 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wye Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wye Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lahn Drive |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Petrol Station |