£348,337
This estimated value is based upon the latest sale price for the house of £350,000 on 31 Mar 2023. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £350,000 | 31 Mar 2023 |
| £240,000 | 23 Mar 2018 |
| £110,000 | 6 Aug 2002 |
| Detached |
| Freehold |
| Floor Area: 60 sq meters or 645 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 March 2023 the House Price Index for WORCESTERSHIRE was 147.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.475%.Applying this -0.475% change to the original purchase price of £350,000 results in an estimated price of approximately £348,337.
| 31 Mar 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 146.7 | -0.475 % | £350,000 | £-1,662 | £348,337 |
The Postcode Pricing Model uses changes in average sales price within the WR5 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 | 1.042 % | £3,648 | £353,648 |
| 3 Month Average | 12.601 % | £44,104 | £394,104 |
| 6 Month Average | 0.959 % | £3,356 | £353,356 |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 28 Jul 2017.
The average size of a house on LOBELIA CLOSE is 108 sq meters (1,169 sq feet).
This house is the smallest in the street with a floor area of 60 sq meters (645 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Primrose Drive |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Primrose Crescent |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Larkspur Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Larkspur Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bittern Road |