£288,888
This estimated value is based upon the latest sale price for the house of £285,000 on 31 Jul 2023. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £285,000 | 31 Jul 2023 |
| £158,000 | 3 Dec 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,077 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 July 2023 the House Price Index for WORCESTERSHIRE was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £285,000 results in an estimated price of approximately £288,888.
| 31 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £285,000 | £3,888 | £288,888 |
The Postcode Pricing Model uses changes in average sales price within the WR14 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 | 56.081 % | £159,831 | £444,831 |
| 3 Month Average | -3.046 % | £-8,681 | £276,318 |
| 6 Month Average | 12.404 % | £35,352 | £320,352 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £268,432 | £265,000 | 37 TANHOUSE LANE |
| 31 Jul 2023 | £288,888 | £285,000 | 38 MICHAEL CRESCENT |
| 24 Apr 2023 | £283,048 | £280,000 | 69 MICHAEL CRESCENT |
| 27 Jan 2023 | £418,031 | £420,000 | 19 BRONSIL DRIVE |
| 31 Aug 2022 | £159,570 | £160,000 | 49 TANHOUSE LANE |
This house has a floor area of 100 sq meters or 1,077 sq feet when measured on 1 Apr 2009. Using an estimated price of £288,888 means this house is valued at £2,884 per sq meter (£268 per sq foot).
The average size of a house on MICHAEL CRESCENT is 95 sq meters (1,029 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Michael Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Michael Crescent |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Preece Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Leigh Sinton Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Leigh Sinton Road |