£279,419
This estimated value is based upon the latest sale price for the house of £220,000 on 25 Aug 2017. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 25 Aug 2017 |
| £178,000 | 17 May 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 August 2017 the House Price Index for WORCESTERSHIRE was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £220,000 results in an estimated price of approximately £279,419.
| 25 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £220,000 | £59,419 | £279,419 |
The Postcode Pricing Model uses changes in average sales price within the WR2 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 | 43.534 % | £95,773 | £315,773 |
| 3 Month Average | 58.867 % | £129,508 | £349,508 |
| 6 Month Average | 39.149 % | £86,128 | £306,128 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £274,808 | £270,000 | 15 RUSSET CLOSE |
| 25 Aug 2023 | £221,942 | £220,000 | 88A MONARCH DRIVE |
| 27 Mar 2023 | £222,092 | £220,000 | 16 RIBSTON CLOSE |
| 9 Sep 2022 | £298,093 | £300,500 | 3 LAXTON AVENUE |
| 8 Jul 2022 | £227,613 | £227,000 | 2 MONARCH DRIVE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 31 Oct 2013. Using an estimated price of £279,420 means this house is valued at £3,775 per sq meter (£350 per sq foot).
The average size of a house on LAXTON AVENUE is 95 sq meters (1,030 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Packington Road |
| Feb 2024 | Anti-social behaviour | On or near Ellison Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Ellison Avenue | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Everard Place |
| Jan 2024 | Anti-social behaviour | On or near Hallow Road |