£185,855
This estimated value is based upon the latest sale price for the house of £155,000 on 17 Aug 2020. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £155,000 | 17 Aug 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 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 August 2020 the House Price Index for WORCESTERSHIRE was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £155,000 results in an estimated price of approximately £185,855.
| 17 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £155,000 | £30,855 | £185,855 |
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 | 67.236 % | £104,215 | £259,215 |
| 3 Month Average | 44.875 % | £69,556 | £224,556 |
| 6 Month Average | 19.354 % | £29,998 | £184,998 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £161,742 | £160,000 | 17 LINDEN CLOSE |
| 31 Mar 2023 | £211,997 | £210,000 | 34 ASH GROVE |
| 17 Mar 2023 | £215,026 | £213,000 | 37 OAK TREE CLOSE |
| 12 Aug 2022 | £265,286 | £266,000 | 54 OAK TREE CLOSE |
| 11 May 2022 | £193,649 | £190,000 | 101 WOODLANDS |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 5 Jun 2020. Using an estimated price of £185,855 means this house is valued at £2,997 per sq meter (£278 per sq foot).
The average size of a house on ALDER GROVE is 78 sq meters (840 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alder Grove |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holmwood Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Holmwood Gardens |
| Feb 2024 | Anti-social behaviour | On or near Holmwood Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Holmwood Gardens |