£295,631
This estimated value is based upon the latest sale price for the house of £196,000 on 18 Nov 2014. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £196,000 | 18 Nov 2014 |
| £174,995 | 19 Mar 2009 |
| £173,000 | 6 Apr 2004 |
| Terraced |
| 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 November 2014 the House Price Index for WORCESTERSHIRE was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £196,000 results in an estimated price of approximately £295,631.
| 18 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 149.7 | 50.833 % | £196,000 | £99,631 | £295,631 |
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 | 65.005 % | £127,409 | £323,409 |
| 3 Month Average | 43.898 % | £86,039 | £282,039 |
| 6 Month Average | 45.893 % | £89,949 | £285,949 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £297,553 | £290,000 | 5 HILLSIDE |
| 16 Jun 2023 | £355,117 | £348,000 | 14 ELMLEY ROAD |
| 17 Mar 2023 | £472,897 | £465,000 | 2 GORSE HILL |
| 27 Jun 2022 | £807,256 | £790,000 | PEEL HOUSE BAKERS LANE |
| 17 Feb 2022 | £338,066 | £320,000 | 4 ELMLEY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gorse Hill |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gorse Hill |
| Oct 2024 | Public order | Under investigation | On or near Bluebell Meadows |
| Sep 2024 | Burglary | Unable to prosecute suspect | On or near Bluebell Meadows |
| Oct 2024 | Vehicle crime | Under investigation | On or near Willow Close |