£516,824
This estimated value is based upon the latest sale price for the house of £195,995 on 25 Oct 2002. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £195,995 | 25 Oct 2002 |
| Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 October 2002 the House Price Index for WORCESTERSHIRE was 56.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 163.693%.Applying this 163.693% change to the original purchase price of £195,995 results in an estimated price of approximately £516,824.
| 25 Oct 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 56.4 | 148.6 | 163.693 % | £195,995 | £320,829 | £516,824 |
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 | 113.583 % | £222,616 | £418,611 |
| 3 Month Average | 96.477 % | £189,090 | £385,085 |
| 6 Month Average | 111.951 % | £219,418 | £415,413 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £267,339 | £265,000 | 28 WHEATCROFT CLOSE |
| 14 Jun 2023 | £253,065 | £250,000 | 61 WHEATCROFT CLOSE |
| 6 Apr 2023 | £214,307 | £212,000 | 51 WHEATCROFT CLOSE |
| 31 Mar 2023 | £277,615 | £275,000 | 14 WHEATCROFT CLOSE |
| 25 Nov 2022 | £276,644 | £279,995 | 58 WHEATCROFT CLOSE |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 9 Dec 2009. Using an estimated price of £516,825 means this house is valued at £4,101 per sq meter (£381 per sq foot).
The average size of a house on PARKLANDS CLOSE is 124 sq meters (1,344 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Turnpike Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Vowchurch Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Vowchurch Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Vowchurch Close |
| Jan 2024 | Anti-social behaviour | On or near Shireland Lane |