£405,565
This estimated value is based upon the latest sale price for the house of £395,000 on 5 May 2022. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £395,000 | 5 May 2022 |
| £143,500 | 4 Jul 2002 |
| £68,000 | 1 Mar 1996 |
| Semi-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 May 2022 the House Price Index for WORCESTERSHIRE was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £395,000 results in an estimated price of approximately £405,565.
| 5 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £395,000 | £10,565 | £405,565 |
The Postcode Pricing Model uses changes in average sales price within the WR3 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 | 35.654 % | £140,833 | £535,833 |
| 3 Month Average | 15.669 % | £61,892 | £456,892 |
| 6 Month Average | 18.643 % | £73,641 | £468,641 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £338,595 | £330,000 | 2 CORNMEADOW LANE |
| 3 Oct 2023 | £312,088 | £305,000 | 2 THE DRIVE |
| 2 Feb 2023 | £437,925 | £435,000 | 9 THE GROVE |
| 27 Jan 2023 | £426,139 | £425,000 | 31 ELTRIC ROAD |
| 24 Nov 2022 | £423,022 | £425,000 | 413 OMBERSLEY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near The Grove |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dorothy Crescent |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dorothy Crescent |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Dorothy Crescent |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dorothy Crescent |