£412,321
This estimated value is based upon the latest sale price for the house of £330,000 on 16 Feb 2018. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£330,000 | 16 Feb 2018 |
Detached |
Freehold |
Floor Area: 117 sq meters or 1,259 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 February 2018 the House Price Index for WORCESTERSHIRE was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £330,000 results in an estimated price of approximately £412,321.
16 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.9 | 148.6 | 24.946 % | £330,000 | £82,321 | £412,321 |
The Postcode Pricing Model uses changes in average sales price within the WR3 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 | 45.008 % | £148,525 | £478,525 |
3 Month Average | 46.741 % | £154,244 | £484,244 |
6 Month Average | 29.798 % | £98,333 | £428,333 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jun 2023 | £374,537 | £370,000 | 39 OLD NORTHWICK LANE |
3 Mar 2023 | £459,327 | £455,000 | 6 ST MORITZ CLOSE |
18 Nov 2022 | £333,461 | £337,500 | 2 LUGANO ROAD |
4 Nov 2022 | £374,339 | £378,873 | 25 CONSTANCE ROAD |
16 Aug 2022 | £460,760 | £462,000 | 3 ST MORITZ CLOSE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 16 Aug 2017. Using an estimated price of £412,322 means this house is valued at £3,524 per sq meter (£327 per sq foot).
The average size of a house on OLD NORTHWICK LANE is 135 sq meters (1,459 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Possession of weapons | Under investigation | On or near Old Northwick Lane |
Mar 2024 | Public order | Under investigation | On or near Old Northwick Lane |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Northwick Lane |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Old Northwick Lane |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Northwick Lane |