£389,942
This estimated value is based upon the latest sale price for the house of £225,000 on 28 Jun 2011. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £225,000 | 28 Jun 2011 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,175 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 2011 the House Price Index for WORCESTERSHIRE was 85.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.308%.Applying this 73.308% change to the original purchase price of £225,000 results in an estimated price of approximately £389,942.
| 28 Jun 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 148.6 | 73.308 % | £225,000 | £164,942 | £389,942 |
The Postcode Pricing Model uses changes in average sales price within the WR9 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 | 12.986 % | £29,217 | £254,217 |
| 3 Month Average | 41.813 % | £94,079 | £319,079 |
| 6 Month Average | 58.305 % | £131,187 | £356,187 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £433,795 | £430,000 | 29 ARKLE ROAD |
| 17 Mar 2023 | £398,757 | £395,000 | 22 SHIRE WAY |
| 8 Mar 2023 | £394,971 | £391,250 | 46 SHIRE WAY |
| 4 Feb 2022 | £424,721 | £405,000 | 12 LILAC CLOSE |
| 16 Nov 2021 | £454,236 | £420,000 | 7 LILAC CLOSE |
This house has a floor area of 109 sq meters or 1,175 sq feet when measured on 1 Mar 2011. Using an estimated price of £389,942 means this house is valued at £3,570 per sq meter (£331 per sq foot).
The average size of a house on ARKLE ROAD is 129 sq meters (1,398 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Arkle Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Arkle Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Foxhunter Close |
| Dec 2023 | Violence and sexual offences | Offender given a caution | On or near Tagwell Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Falcon Close |