£499,001
This estimated value is based upon the latest sale price for the house of £390,000 on 21 Aug 2017. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £390,000 | 21 Aug 2017 |
| £320,000 | 11 Oct 2007 |
| £195,000 | 25 Feb 2002 |
| Detached |
| Freehold |
| Floor Area: 165 sq meters or 1,776 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 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £390,000 results in an estimated price of approximately £499,001.
| 21 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £390,000 | £109,001 | £499,001 |
The Postcode Pricing Model uses changes in average sales price within the WR14 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 | 20.652 % | £80,541 | £470,541 |
| 3 Month Average | 26.578 % | £103,654 | £493,654 |
| 6 Month Average | 30.797 % | £120,107 | £510,107 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Aug 2024 | £330,000 | £330,000 | 12 RED EARL LANE |
| 13 Dec 2023 | £518,946 | £503,000 | 24 HASTINGS ROAD |
| 5 Oct 2023 | £475,807 | £465,000 | 4 WYE AVENUE |
| 1 Sep 2023 | £531,721 | £520,000 | 32 HASTINGS ROAD |
| 12 Jun 2023 | £586,759 | £575,000 | 36 BELLARS LANE |
This house has a floor area of 165 sq meters or 1,776 sq feet when measured on 17 Jun 2017. Using an estimated price of £499,001 means this house is valued at £3,024 per sq meter (£280 per sq foot).
The average size of a house on HASTINGS ROAD is 126 sq meters (1,364 sq feet).
This house is the largest in the street with a floor area of 165 sq meters (1,776 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Hastings Road |
| Jul 2024 | Other theft | Under investigation | On or near Windrush Crescent |
| Jun 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Windrush Crescent |
| Jun 2024 | Anti-social behaviour | On or near Five Oaks Close | |
| Jun 2024 | Anti-social behaviour | On or near Five Oaks Close |