£409,016
This estimated value is based upon the latest sale price for the house of £400,000 on 19 Sep 2023. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £400,000 | 19 Sep 2023 |
| £195,000 | 1 Jan 2009 |
| £178,000 | 11 Jul 2003 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 September 2023 the House Price Index for WORCESTERSHIRE was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £400,000 results in an estimated price of approximately £409,016.
| 19 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £400,000 | £9,016 | £409,016 |
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 | -19.681 % | £-78,725 | £321,274 |
| 3 Month Average | 2.229 % | £8,914 | £408,914 |
| 6 Month Average | 2.378 % | £9,512 | £409,512 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Oct 2023 | £230,229 | £225,000 | 50 CRANESBILL DRIVE |
| 19 Sep 2023 | £409,016 | £400,000 | 37 LOBELIA CLOSE |
| 31 Mar 2023 | £355,944 | £350,000 | 18 LOBELIA CLOSE |
| 6 Jan 2023 | £416,112 | £415,000 | 22 LOBELIA CLOSE |
| 28 Nov 2022 | £229,925 | £231,000 | 49 CRANESBILL DRIVE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 25 Apr 2012. Using an estimated price of £409,016 means this house is valued at £3,932 per sq meter (£365 per sq foot).
The average size of a house on LOBELIA CLOSE is 108 sq meters (1,169 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hidcote Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stoneleigh 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 |
| May 2024 | Anti-social behaviour | On or near Batsford Road |