£348,146
This estimated value is based upon the latest sale price for the house of £250,000 on 20 Nov 2015. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£250,000 | 20 Nov 2015 |
£196,000 | 22 Aug 2011 |
£248,000 | 7 Jun 2011 |
Detached |
Freehold |
Floor Area: 129 sq meters or 1,388 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 2015 the House Price Index for WORCESTERSHIRE was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £250,000 results in an estimated price of approximately £348,146.
20 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 148.6 | 39.258 % | £250,000 | £98,146 | £348,146 |
The Postcode Pricing Model uses changes in average sales price within the WR2 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 | 45.871 % | £114,678 | £364,678 |
3 Month Average | 91.452 % | £228,631 | £478,631 |
6 Month Average | 57.948 % | £144,870 | £394,870 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Dec 2023 | £274,808 | £270,000 | 15 RUSSET CLOSE |
26 Jul 2023 | £253,411 | £250,000 | 8 LAMBOURNE CRESCENT |
16 Sep 2022 | £245,021 | £247,000 | 6 BRAMLEY AVENUE |
9 Sep 2022 | £298,093 | £300,500 | 3 LAXTON AVENUE |
8 Jul 2022 | £227,613 | £227,000 | 2 MONARCH DRIVE |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 20 Apr 2015. Using an estimated price of £348,146 means this house is valued at £2,698 per sq meter (£250 per sq foot).
The average size of a house on MONARCH DRIVE is 82 sq meters (892 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Hallow Road | |
Jan 2024 | Anti-social behaviour | On or near Hallow Road | |
Jan 2024 | Anti-social behaviour | On or near Hallow Road | |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Packington Road |
Feb 2024 | Anti-social behaviour | On or near Ellison Avenue |