£255,145
This estimated value is based upon the latest sale price for the house of £217,500 on 30 Oct 2020. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £217,500 | 30 Oct 2020 |
| £64,950 | 31 Oct 1996 |
| Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2020 the House Price Index for WORCESTERSHIRE was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £217,500 results in an estimated price of approximately £255,145.
| 30 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £217,500 | £37,645 | £255,145 |
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 | 57.058 % | £124,101 | £341,601 |
| 3 Month Average | 31.193 % | £67,844 | £285,344 |
| 6 Month Average | 12.516 % | £27,222 | £244,722 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2023 | £331,776 | £328,650 | 19 FOXGLOVE CLOSE |
| 26 Aug 2021 | £365,364 | £327,500 | 35 FALKLAND ROAD |
| 12 Aug 2021 | £340,263 | £305,000 | 42 FOXGLOVE CLOSE |
| 1 Apr 2021 | £315,041 | £279,000 | 8 FALKLAND ROAD |
| 30 Oct 2020 | £255,146 | £217,500 | 16 CYPRESS CLOSE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 2 Feb 2020. Using an estimated price of £255,146 means this house is valued at £3,495 per sq meter (£324 per sq foot).
The average size of a house on CYPRESS CLOSE is 97 sq meters (1,044 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cypress Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foxglove Close |