£102,549
This estimated value is based upon the latest sale price for the house of £92,000 on 8 Oct 2021. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £92,000 | 8 Oct 2021 |
| Terraced |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 2021 the House Price Index for WORCESTERSHIRE was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £92,000 results in an estimated price of approximately £102,549.
| 8 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £92,000 | £10,549 | £102,549 |
The Postcode Pricing Model uses changes in average sales price within the WR14 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 | 24.878 % | £22,887 | £114,887 |
| 3 Month Average | 23.878 % | £21,967 | £113,967 |
| 6 Month Average | 19.218 % | £17,680 | £109,680 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £518,946 | £503,000 | 24 HASTINGS ROAD |
| 8 Dec 2023 | £412,681 | £400,000 | 82 WEDDERBURN ROAD |
| 5 Oct 2023 | £475,807 | £465,000 | 4 WYE AVENUE |
| 1 Sep 2023 | £531,721 | £520,000 | 32 HASTINGS ROAD |
| 12 Jun 2023 | £586,759 | £575,000 | 36 BELLARS LANE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 10 Apr 2018. Using an estimated price of £102,550 means this house is valued at £1,577 per sq meter (£146 per sq foot).
There is one other house on the street which we know the size of, this is 1 FIVE OAKS CLOSE it is 85.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Five Oaks Close | |
| Jun 2024 | Anti-social behaviour | On or near Five Oaks Close | |
| Jun 2024 | Anti-social behaviour | On or near Five Oaks Close | |
| Jun 2024 | Anti-social behaviour | On or near Five Oaks Close | |
| Jun 2024 | Anti-social behaviour | On or near Five Oaks Close |