£199,005
This estimated value is based upon the latest sale price for the house of £128,000 on 16 Oct 2007. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £128,000 | 16 Oct 2007 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2007 the House Price Index for WORCESTERSHIRE was 95.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.473%.Applying this 55.473% change to the original purchase price of £128,000 results in an estimated price of approximately £199,005.
| 16 Oct 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 148.6 | 55.473 % | £128,000 | £71,005 | £199,005 |
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 | 72.002 % | £92,162 | £220,162 |
| 3 Month Average | 47.731 % | £61,095 | £189,095 |
| 6 Month Average | 46.856 % | £59,975 | £187,975 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £131,684 | £130,000 | 41 GLOUCESTER CLOSE |
| 4 Aug 2023 | £65,574 | £65,000 | 55 GLOUCESTER CLOSE |
| 30 Jun 2023 | £127,545 | £126,000 | 78 GLOUCESTER CLOSE |
| 30 Jun 2023 | £126,533 | £125,000 | 58 GLOUCESTER CLOSE |
| 31 Mar 2023 | £133,255 | £132,000 | 40 GLOUCESTER CLOSE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 29 May 2019. Using an estimated price of £199,006 means this house is valued at £2,842 per sq meter (£264 per sq foot).
The average size of a house on GLOUCESTER CLOSE is 65 sq meters (704 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Gloucester Close |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Gloucester Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Gloucester Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gloucester Close |
| Dec 2023 | Anti-social behaviour | On or near Gloucester Close |