£274,794
This estimated value is based upon the latest sale price for the house of £190,000 on 5 Jun 2015. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £190,000 | 5 Jun 2015 |
| £165,000 | 23 Jul 2004 |
| Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 June 2015 the House Price Index for WORCESTERSHIRE was 102.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 44.629%.Applying this 44.629% change to the original purchase price of £190,000 results in an estimated price of approximately £274,794.
| 5 Jun 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.0 | 44.629 % | £190,000 | £84,794 | £274,794 |
The Postcode Pricing Model uses changes in average sales price within the WR11 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 | 33.851 % | £64,316 | £254,316 |
| 3 Month Average | 76.048 % | £144,490 | £334,490 |
| 6 Month Average | 57.294 % | £108,858 | £298,858 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £323,056 | £320,000 | 7 BURMA CLOSE |
| 21 Jul 2023 | £289,741 | £287,000 | 6 ALLARDENE |
| 30 Jun 2023 | £247,003 | £245,000 | 11 MASTERS CLOSE |
| 8 Aug 2022 | £238,389 | £240,000 | 3 FOUR POOLS ROAD |
| 24 Feb 2022 | £235,004 | £225,000 | 40 DURCOTT ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 2 Mar 2015. Using an estimated price of £274,794 means this house is valued at £4,737 per sq meter (£440 per sq foot).
The average size of a house on DURCOTT ROAD is 85 sq meters (920 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Durcott Road |
| Feb 2024 | Anti-social behaviour | On or near Masters Close | |
| Feb 2024 | Anti-social behaviour | On or near Masters Close | |
| Feb 2024 | Anti-social behaviour | On or near Masters Close | |
| Mar 2024 | Other crime | Under investigation | On or near St Peter'S Close |