£346,323
This estimated value is based upon the latest sale price for the house of £225,000 on 10 Jul 2014. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £225,000 | 10 Jul 2014 |
| Detached |
| 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 July 2014 the House Price Index for WORCESTERSHIRE was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £225,000 results in an estimated price of approximately £346,323.
| 10 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £225,000 | £121,323 | £346,323 |
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 | 99.001 % | £222,751 | £447,751 |
| 3 Month Average | 44.763 % | £100,717 | £325,717 |
| 6 Month Average | 52.061 % | £117,136 | £342,136 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £273,401 | £265,000 | 4 RAGLEY ROAD |
| 22 Nov 2023 | £595,106 | £580,000 | BIRCH HOUSE GRANGE LANE |
| 29 Sep 2023 | £347,664 | £340,000 | 2 RAGLEY ROAD |
| 30 Jun 2023 | £263,276 | £258,000 | 2 BREDON GROUNDS HUGHES LANE |
| 16 Feb 2023 | £955,181 | £948,800 | 8 VILLAGE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hughes Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hughes Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hughes Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hughes Lane |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Ragley Road |