£241,468
This estimated value is based upon the latest sale price for the house of £240,000 on 11 Aug 2023. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £240,000 | 11 Aug 2023 |
| £130,000 | 1 Dec 2009 |
| £80,000 | 22 Feb 2002 |
| £52,950 | 29 Mar 1996 |
| Semi-Detached |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 August 2023 the House Price Index for WORCESTERSHIRE was 147.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.612%.Applying this 0.612% change to the original purchase price of £240,000 results in an estimated price of approximately £241,468.
| 11 Aug 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.1 | 148.0 | 0.612 % | £240,000 | £1,468 | £241,468 |
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 | -18.647 % | £-44,752 | £195,247 |
| 3 Month Average | 3.674 % | £8,816 | £248,816 |
| 6 Month Average | 0.195 % | £468 | £240,468 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £241,468 | £240,000 | 19 MICHAELWOOD CLOSE |
| 2 Mar 2023 | £256,386 | £255,000 | 23 NEIGHBROOK CLOSE |
| 6 Jul 2022 | £205,722 | £206,000 | 33 SANDYGATE CLOSE |
| 29 Apr 2022 | £242,051 | £236,000 | 10 MICHAELWOOD CLOSE |
| 26 Oct 2021 | £187,342 | £170,000 | 5 REYDE CLOSE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 6 Jun 2019. Using an estimated price of £241,468 means this house is valued at £4,236 per sq meter (£393 per sq foot).
The average size of a house on MICHAELWOOD CLOSE is 63 sq meters (680 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Michaelwood Close |
| Apr 2024 | Anti-social behaviour | On or near Michaelwood Close | |
| Apr 2024 | Anti-social behaviour | On or near Michaelwood Close | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Michaelwood Close |
| Apr 2024 | Public order | Under investigation | On or near Sports/Recreation Area |