£268,446
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
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| 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 146.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.300%.Applying this 1.300% change to the original purchase price of £265,000 results in an estimated price of approximately £268,446.
| 24 Nov 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.0 | 1.300 % | £265,000 | £3,446 | £268,446 |
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 | -16.938 % | £-44,886 | £220,113 |
| 3 Month Average | 16.379 % | £43,404 | £308,404 |
| 6 Month Average | 6.031 % | £15,981 | £280,981 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £268,446 | £265,000 | 23 MARCHWOOD CLOSE |
| 29 Jun 2023 | £206,676 | £205,000 | 11 HARVINGTON CLOSE |
| 15 Jun 2023 | £236,921 | £235,000 | 3 MARCHWOOD CLOSE |
| 31 Oct 2022 | £278,855 | £283,000 | 27 MARCHWOOD CLOSE |
| 16 Sep 2022 | £227,236 | £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 £268,446 means this house is valued at £3,807 per sq meter (£353 per sq foot).
The average size of a house on MARCHWOOD CLOSE is 70 sq meters (754 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lench Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Findon Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Dairy Lane |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Mappleborough Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosedale Close |