£53,960
This estimated value is based upon the latest sale price for the house of £10,250 on 14 Feb 1997. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£10,250 | 14 Feb 1997 |
Terraced |
Leasehold |
Floor Area: 66 sq meters or 710 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 February 1997 the House Price Index for WORCESTERSHIRE was 28.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 426.445%.Applying this 426.445% change to the original purchase price of £10,250 results in an estimated price of approximately £53,960.
14 Feb 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
28.2 | 148.6 | 426.445 % | £10,250 | £43,710 | £53,960 |
The Postcode Pricing Model uses changes in average sales price within the WR2 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 | 372.033 % | £38,133 | £48,383 |
3 Month Average | 469.354 % | £48,108 | £58,358 |
6 Month Average | 416.106 % | £42,650 | £52,900 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Feb 2023 | £254,829 | £255,000 | 10 AMBROSE CLOSE |
27 Jan 2023 | £218,969 | £220,000 | 272 DRAKE AVENUE |
25 Jan 2023 | £166,217 | £167,000 | 71 DRAKE AVENUE |
26 Aug 2022 | £149,597 | £150,000 | 54 GRESHAM ROAD |
22 Jul 2022 | £170,459 | £170,000 | 180 DRAKE AVENUE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 5 Apr 2018. Using an estimated price of £53,961 means this house is valued at £817 per sq meter (£75 per sq foot).
The average size of a house on LEAR CLOSE is 92 sq meters (993 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lear Close |
Feb 2024 | Other theft | Under investigation | On or near Lear Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lear Close |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lear Close |
Jan 2024 | Other crime | Under investigation | On or near Lear Close |