£355,738
This estimated value is based upon the latest sale price for the house of £226,000 on 19 Mar 2014. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£226,000 | 19 Mar 2014 |
£215,000 | 28 May 2010 |
Detached |
Freehold |
Floor Area: 112 sq meters or 1,213 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 2014 the House Price Index for WORCESTERSHIRE was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £226,000 results in an estimated price of approximately £355,738.
19 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.4 | 148.6 | 57.406 % | £226,000 | £129,738 | £355,738 |
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 | 2.705 % | £6,113 | £232,113 |
3 Month Average | 30.487 % | £68,899 | £294,899 |
6 Month Average | 50.569 % | £114,285 | £340,285 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £213,156 | £210,000 | 15 WHARFEDALE CRESCENT |
28 Jul 2023 | £258,479 | £255,000 | 3 TEME CRESCENT |
29 Jul 2022 | £218,588 | £218,000 | 23 WHARFEDALE CRESCENT |
16 May 2022 | £249,705 | £245,000 | 20 TEESDALE CLOSE |
10 Dec 2021 | £246,417 | £230,000 | 36 TEME CRESCENT |
This house has a floor area of 112 sq meters or 1,213 sq feet when measured on 31 Aug 2009. Using an estimated price of £355,738 means this house is valued at £3,155 per sq meter (£293 per sq foot).
The average size of a house on WELLAND CLOSE is 99 sq meters (1,075 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Thames Drive | |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Thames Drive |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Teme Crescent |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Teme Crescent |
Jan 2024 | Drugs | Under investigation | On or near Teme Crescent |