£307,412
This estimated value is based upon the latest sale price for the house of £178,000 on 23 May 2011. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £178,000 | 23 May 2011 |
| £177,000 | 6 Feb 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 992 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 May 2011 the House Price Index for WORCESTERSHIRE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.704%.Applying this 72.704% change to the original purchase price of £178,000 results in an estimated price of approximately £307,412.
| 23 May 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.704 % | £178,000 | £129,412 | £307,412 |
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 | 32.164 % | £57,252 | £235,252 |
| 3 Month Average | 39.013 % | £69,443 | £247,443 |
| 6 Month Average | 58.033 % | £103,298 | £281,298 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £433,795 | £430,000 | 29 ARKLE ROAD |
| 17 Mar 2023 | £398,757 | £395,000 | 22 SHIRE WAY |
| 8 Mar 2023 | £394,971 | £391,250 | 46 SHIRE WAY |
| 4 Feb 2022 | £424,721 | £405,000 | 12 LILAC CLOSE |
| 16 Nov 2021 | £454,236 | £420,000 | 7 LILAC CLOSE |
This house has a floor area of 92 sq meters or 992 sq feet when measured on 8 Feb 2011. Using an estimated price of £307,413 means this house is valued at £3,335 per sq meter (£309 per sq foot).
The average size of a house on ARKLE CLOSE is 99 sq meters (1,070 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Arkle Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Arkle Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Foxhunter Close |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Mulberry Tree Hill |
| Jan 2024 | Anti-social behaviour | On or near Mulberry Tree Hill |