£329,014
This estimated value is based upon the latest sale price for the house of £245,000 on 20 May 2016. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £245,000 | 20 May 2016 |
| Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 May 2016 the House Price Index for WORCESTERSHIRE was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £245,000 results in an estimated price of approximately £329,014.
| 20 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £245,000 | £84,014 | £329,014 |
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 | 163.161 % | £399,744 | £644,744 |
| 3 Month Average | 82.767 % | £202,780 | £447,780 |
| 6 Month Average | 38.421 % | £94,132 | £339,132 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £183,205 | £180,000 | 33 HAZEL AVENUE |
| 1 Dec 2023 | £447,836 | £440,000 | 19 THORN LEA |
| 28 Jul 2023 | £268,615 | £265,000 | 65 HAZEL AVENUE |
| 7 Jul 2023 | £280,779 | £277,000 | 47 HAZEL AVENUE |
| 1 Jun 2023 | £286,470 | £283,000 | 10 YEW TREE CLOSE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 11 Feb 2016. Using an estimated price of £329,014 means this house is valued at £3,427 per sq meter (£318 per sq foot).
The average size of a house on WILLOW ROAD is 104 sq meters (1,121 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Blackthorn Close | |
| Jan 2024 | Anti-social behaviour | On or near Blackthorn Close | |
| Jan 2024 | Anti-social behaviour | On or near Blackthorn Close |