£618,921
This estimated value is based upon the latest sale price for the house of £223,995 on 16 Aug 2002. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £223,995 | 16 Aug 2002 |
| Detached |
| Freehold |
| Floor Area: 153 sq meters or 1,646 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 2002 the House Price Index for WORCESTERSHIRE was 54.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 176.311%.Applying this 176.311% change to the original purchase price of £223,995 results in an estimated price of approximately £618,921.
| 16 Aug 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 149.7 | 176.311 % | £223,995 | £394,926 | £618,921 |
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 | 157.573 % | £352,956 | £576,951 |
| 3 Month Average | 141.000 % | £315,833 | £539,828 |
| 6 Month Average | 141.329 % | £316,570 | £540,565 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £226,971 | £225,000 | 25 WOODLAND PIECE |
| 6 Oct 2023 | £250,694 | £245,000 | 35 WOODLAND PIECE |
| 28 Apr 2023 | £285,337 | £280,000 | 22 SPINNEY GROVE |
| 1 Jul 2022 | £338,391 | £335,000 | 10 ASPEN CLOSE |
| 11 May 2022 | £195,082 | £190,000 | 101 WOODLANDS |
This house has a floor area of 153 sq meters or 1,646 sq feet when measured on 23 Jan 2016. Using an estimated price of £618,922 means this house is valued at £4,045 per sq meter (£375 per sq foot).
The average size of a house on SPINNEY GROVE is 113 sq meters (1,226 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Spinney Grove |
| Oct 2024 | Anti-social behaviour | On or near Spinney Grove | |
| Oct 2024 | Anti-social behaviour | On or near Spinney Grove | |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Spinney Grove |
| Sep 2024 | Shoplifting | Under investigation | On or near Spinney Grove |