£376,311
This estimated value is based upon the latest sale price for the house of £312,000 on 10 Jun 2020. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £312,000 | 10 Jun 2020 |
| £225,000 | 27 Mar 2015 |
| £208,000 | 12 Aug 2004 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 June 2020 the House Price Index for WORCESTERSHIRE was 122.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.613%.Applying this 20.613% change to the original purchase price of £312,000 results in an estimated price of approximately £376,311.
| 10 Jun 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.0 | 20.613 % | £312,000 | £64,311 | £376,311 |
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 | 19.544 % | £60,975 | £372,975 |
| 3 Month Average | 26.588 % | £82,953 | £394,953 |
| 6 Month Average | 37.982 % | £118,503 | £430,503 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £222,753 | £222,000 | 31 BILBURY CLOSE |
| 24 Nov 2023 | £187,406 | £185,000 | 17 BILBURY CLOSE |
| 21 Jul 2023 | £311,951 | £309,000 | 20 DRAKES CLOSE |
| 29 Jul 2022 | £229,690 | £230,000 | 251 WALKWOOD ROAD |
| 27 May 2022 | £472,016 | £465,000 | 188 WALKWOOD ROAD |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 19 Jan 2015. Using an estimated price of £376,311 means this house is valued at £3,390 per sq meter (£314 per sq foot).
The average size of a house on DRAKES CLOSE is 110 sq meters (1,187 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Drakes Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Drakes Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Drakes Close |
| Feb 2024 | Vehicle crime | Under investigation | On or near Lightoak Close |
| Jan 2024 | Anti-social behaviour | On or near Lightoak Close |