£246,331
This estimated value is based upon the latest sale price for the house of £245,000 on 24 Mar 2023. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £245,000 | 24 Mar 2023 |
| £59,000 | 26 May 1995 |
| Detached |
| Freehold |
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 2023 the House Price Index for WORCESTERSHIRE was 147.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.543%.Applying this 0.543% change to the original purchase price of £245,000 results in an estimated price of approximately £246,331.
| 24 Mar 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.0 | 0.543 % | £245,000 | £1,331 | £246,331 |
The Postcode Pricing Model uses changes in average sales price within the WR5 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 | -32.356 % | £-79,273 | £165,726 |
| 3 Month Average | -5.823 % | £-14,267 | £230,732 |
| 6 Month Average | -2.930 % | £-7,178 | £237,821 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £275,537 | £272,000 | 7 LANCING CLOSE |
| 24 Mar 2023 | £246,332 | £245,000 | 16 ARUNDEL DRIVE |
| 27 Oct 2022 | £187,217 | £190,000 | 166 LONDON ROAD |
| 7 Oct 2022 | £364,581 | £370,000 | 14 LANCING CLOSE |
| 5 Aug 2022 | £240,376 | £242,000 | 22 FOXWELL STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Under investigation | On or near London Road |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near London Road |
| Jan 2024 | Criminal damage and arson | Local resolution | On or near London Road |
| Mar 2024 | Anti-social behaviour | On or near Battenhall Avenue | |
| Mar 2024 | Anti-social behaviour | On or near Battenhall Avenue |