£283,433
This estimated value is based upon the latest sale price for the house of £280,000 on 29 Jun 2023. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£280,000 | 29 Jun 2023 |
£220,000 | 12 Nov 2018 |
£94,950 | 29 Jun 2001 |
Semi-Detached |
Freehold |
Floor Area: 60 sq meters or 645 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 June 2023 the House Price Index for WORCESTERSHIRE was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £280,000 results in an estimated price of approximately £283,433.
29 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.8 | 148.6 | 1.226 % | £280,000 | £3,433 | £283,433 |
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 | -18.949 % | £-53,057 | £226,942 |
3 Month Average | 16.008 % | £44,823 | £324,823 |
6 Month Average | 3.735 % | £10,459 | £290,459 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £226,986 | £225,000 | 2 BEAVER CLOSE |
21 Jul 2023 | £238,206 | £235,000 | 86 COLUMBIA DRIVE |
29 Jun 2023 | £283,433 | £280,000 | 3 ONTARIO CLOSE |
27 Jan 2023 | £254,302 | £255,500 | 5 BEAVER CLOSE |
30 Sep 2021 | £269,398 | £250,000 | 3 BEAVER CLOSE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 13 Jul 2018. Using an estimated price of £283,433 means this house is valued at £4,723 per sq meter (£438 per sq foot).
The average size of a house on ONTARIO CLOSE is 98 sq meters (1,062 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Old Road |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Old Road |
Jan 2024 | Anti-social behaviour | On or near Old Road | |
Jan 2024 | Anti-social behaviour | On or near Old Road | |
Jan 2024 | Anti-social behaviour | On or near Old Road |