£495,868
This estimated value is based upon the latest sale price for the house of £475,000 on 25 Mar 2022. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£475,000 | 25 Mar 2022 |
£412,500 | 22 May 2018 |
Detached |
Freehold |
Floor Area: 164 sq meters or 1,765 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 2022 the House Price Index for WORCESTERSHIRE was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £475,000 results in an estimated price of approximately £495,868.
25 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 149.7 | 4.393 % | £475,000 | £20,868 | £495,868 |
The Postcode Pricing Model uses changes in average sales price within the WR3 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 | 1.172 % | £5,568 | £480,568 |
3 Month Average | 23.547 % | £111,846 | £586,846 |
6 Month Average | 7.525 % | £35,743 | £510,743 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £342,766 | £337,500 | 100A NORTHWICK ROAD |
15 Dec 2023 | £116,582 | £113,000 | APARTMENT 55 EASTBANK COURT EASTBANK DRIVE |
21 Aug 2023 | £157,847 | £155,000 | APARTMENT 27 EASTBANK COURT EASTBANK DRIVE |
10 Mar 2023 | £157,632 | £155,000 | APARTMENT 29 EASTBANK COURT EASTBANK DRIVE |
1 Feb 2023 | £253,695 | £252,000 | APARTMENT 22 EASTBANK COURT EASTBANK DRIVE |
This house has a floor area of 164 sq meters or 1,765 sq feet when measured on 21 Jun 2018. Using an estimated price of £495,868 means this house is valued at £3,023 per sq meter (£280 per sq foot).
The average size of a house on EASTBANK DRIVE is 78 sq meters (846 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Union Place |
Aug 2024 | Anti-social behaviour | On or near Vine Street | |
Aug 2024 | Anti-social behaviour | On or near Vine Street | |
Aug 2024 | Anti-social behaviour | On or near Vine Street | |
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pinkett Street |