£137,339
This estimated value is based upon the latest sale price for the house of £130,000 on 28 Feb 2022. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £130,000 | 28 Feb 2022 |
| £130,000 | 28 Feb 2022 |
| £130,000 | 15 Jun 2007 |
| Flats/Maisonettes |
| Leasehold |
| 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 February 2022 the House Price Index for WORCESTERSHIRE was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £130,000 results in an estimated price of approximately £137,339.
| 28 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £130,000 | £7,339 | £137,339 |
The Postcode Pricing Model uses changes in average sales price within the B97 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 | -4.877 % | £-6,339 | £123,660 |
| 3 Month Average | -12.005 % | £-15,606 | £114,393 |
| 6 Month Average | 0.447 % | £581 | £130,581 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £137,107 | £135,000 | 10 GLOUCESTER CLOSE |
| 6 Oct 2023 | £131,998 | £129,000 | 66 GLOUCESTER CLOSE |
| 31 Aug 2023 | £120,167 | £118,000 | APARTMENT 10 RYLAND HOUSE HEWELL ROAD |
| 4 Aug 2023 | £66,194 | £65,000 | 55 GLOUCESTER CLOSE |
| 30 Jun 2023 | £127,556 | £125,000 | 58 GLOUCESTER CLOSE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 19 Sep 2013. Using an estimated price of £137,339 means this house is valued at £2,215 per sq meter (£205 per sq foot).
The average size of a house on GLOUCESTER CLOSE is 65 sq meters (704 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Gloucester Close |
| Jul 2024 | Drugs | Under investigation | On or near Gloucester Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gloucester Close |
| May 2024 | Anti-social behaviour | On or near Gloucester Close | |
| May 2024 | Anti-social behaviour | On or near Gloucester Close |