£338,582
This estimated value is based upon the latest sale price for the house of £272,500 on 1 Jul 2019. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £272,500 | 1 Jul 2019 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 July 2019 the House Price Index for WORCESTERSHIRE was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £272,500 results in an estimated price of approximately £338,582.
| 1 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £272,500 | £66,082 | £338,582 |
The Postcode Pricing Model uses changes in average sales price within the WR9 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 | 29.036 % | £79,122 | £351,622 |
| 3 Month Average | 30.240 % | £82,405 | £354,905 |
| 6 Month Average | 24.461 % | £66,655 | £339,155 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2023 | £146,435 | £143,500 | 20 TRENT CLOSE |
| 5 Aug 2022 | £146,686 | £146,000 | 35 TRENT CLOSE |
| 29 Jul 2022 | £138,336 | £136,950 | 39 TRENT CLOSE |
| 10 Dec 2021 | £248,241 | £230,000 | 36 TEME CRESCENT |
| 5 Jun 2020 | £457,492 | £375,000 | 5 WELLAND CLOSE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 2 Oct 2018. Using an estimated price of £338,583 means this house is valued at £3,490 per sq meter (£324 per sq foot).
The average size of a house on WELLAND CLOSE is 99 sq meters (1,075 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Thames Drive |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thames Drive |
| Oct 2024 | Anti-social behaviour | On or near Thames Drive | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thames Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Teme Crescent |