£217,242
This estimated value is based upon the latest sale price for the house of £175,000 on 14 Nov 2018. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £175,000 | 14 Nov 2018 |
| £102,950 | 18 Oct 2002 |
| £68,500 | 25 Sep 2000 |
| £58,500 | 29 Oct 1999 |
| £47,000 | 31 May 1996 |
| Terraced |
| Freehold |
| Floor Area: 52 sq meters or 559 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 November 2018 the House Price Index for WORCESTERSHIRE was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £175,000 results in an estimated price of approximately £217,242.
| 14 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £175,000 | £42,242 | £217,242 |
The Postcode Pricing Model uses changes in average sales price within the WR5 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 | 33.119 % | £57,957 | £232,957 |
| 3 Month Average | 29.417 % | £51,480 | £226,480 |
| 6 Month Average | 17.598 % | £30,796 | £205,796 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Oct 2023 | £230,229 | £225,000 | 50 CRANESBILL DRIVE |
| 9 Jun 2023 | £206,896 | £202,750 | 18 THISTLE CLOSE |
| 28 Nov 2022 | £229,925 | £231,000 | 49 CRANESBILL DRIVE |
| 14 Apr 2022 | £378,659 | £365,000 | 11 CRANESBILL DRIVE |
| 11 Feb 2022 | £179,598 | £170,000 | 40 CRANESBILL DRIVE |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 19 Jun 2018. Using an estimated price of £217,243 means this house is valued at £4,177 per sq meter (£388 per sq foot).
The average size of a house on CRANESBILL DRIVE is 85 sq meters (917 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Thistle Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broomhall Way |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hidcote Close |
| May 2024 | Violence and sexual offences | Under investigation | On or near Bullfinch Close |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bullfinch Close |