£271,901
This estimated value is based upon the latest sale price for the house of £265,000 on 24 Nov 2023. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £265,000 | 24 Nov 2023 |
| £159,500 | 21 Jun 2010 |
| £165,000 | 15 Feb 2007 |
| £95,750 | 30 Jun 2000 |
| Detached |
| Freehold |
| Floor Area: 70 sq meters or 758 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 November 2023 the House Price Index for WORCESTERSHIRE was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £265,000 results in an estimated price of approximately £271,901.
| 24 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £265,000 | £6,901 | £271,901 |
The Postcode Pricing Model uses changes in average sales price within the B97 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 | -28.196 % | £-74,719 | £190,280 |
| 3 Month Average | 14.975 % | £39,684 | £304,684 |
| 6 Month Average | 2.876 % | £7,621 | £272,621 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £271,902 | £265,000 | 23 MARCHWOOD CLOSE |
| 29 Jun 2023 | £209,192 | £205,000 | 11 HARVINGTON CLOSE |
| 15 Jun 2023 | £239,806 | £235,000 | 3 MARCHWOOD CLOSE |
| 31 Oct 2022 | £282,058 | £283,000 | 27 MARCHWOOD CLOSE |
| 16 Sep 2022 | £229,846 | £230,000 | 10 LENCH CLOSE |
This house has a floor area of 70 sq meters or 758 sq feet when measured on 7 Oct 2009. Using an estimated price of £271,902 means this house is valued at £3,856 per sq meter (£358 per sq foot).
The average size of a house on MARCHWOOD CLOSE is 70 sq meters (754 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marchwood Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marchwood Close |
| Jul 2024 | Other theft | Under investigation | On or near Marchwood Close |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Kite Lane |
| Jul 2024 | Anti-social behaviour | On or near Gisburn Close |