£389,899
This estimated value is based upon the latest sale price for the house of £230,000 on 18 Jan 2013. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£230,000 | 18 Jan 2013 |
Detached |
Freehold |
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 January 2013 the House Price Index for WORCESTERSHIRE was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.521%.Applying this 69.521% change to the original purchase price of £230,000 results in an estimated price of approximately £389,899.
18 Jan 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 148.6 | 69.521 % | £230,000 | £159,899 | £389,899 |
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 | 56.663 % | £130,324 | £360,324 |
3 Month Average | 97.687 % | £224,679 | £454,679 |
6 Month Average | 69.007 % | £158,716 | £388,716 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £222,698 | £220,000 | 3 GREEN LANE |
2 Feb 2023 | £249,832 | £250,000 | 21 CROWN MEADOW |
4 Jan 2023 | £537,468 | £540,000 | SPRINGFIELD HOUSE MARTLEY ROAD |
16 Sep 2022 | £340,252 | £343,000 | 30 GREEN LANE |
2 Sep 2022 | £313,469 | £316,000 | 13 WILLOW FIELD DRIVE |
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Under investigation | On or near Beech Tree Way |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Manorfield |
Jan 2024 | Burglary | Unable to prosecute suspect | On or near Lovington Lane |