£246,096
This estimated value is based upon the latest sale price for the house of £197,500 on 28 Aug 2018. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £197,500 | 28 Aug 2018 |
| £145,000 | 5 Mar 2003 |
| £145,000 | 5 Mar 2003 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2018 the House Price Index for WORCESTERSHIRE was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £197,500 results in an estimated price of approximately £246,096.
| 28 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £197,500 | £48,596 | £246,096 |
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 | -4.258 % | £-8,409 | £189,090 |
| 3 Month Average | 27.399 % | £54,113 | £251,613 |
| 6 Month Average | 24.535 % | £48,456 | £245,956 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £116,794 | £115,000 | 19 WESTBURY HOUSE MINWORTH CLOSE |
| 8 Mar 2024 | £310,775 | £306,000 | 9 ERWOOD CLOSE |
| 5 Sep 2023 | £480,594 | £470,000 | 5 DUNSTALL CLOSE |
| 1 Sep 2023 | £192,238 | £188,000 | 4 WOODSIDE AVENUE |
| 31 Aug 2023 | £117,112 | £115,000 | 21 WESTBURY HOUSE MINWORTH CLOSE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 16 Apr 2018. Using an estimated price of £246,097 means this house is valued at £3,371 per sq meter (£313 per sq foot).
The average size of a house on MINWORTH CLOSE is 70 sq meters (762 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Minworth Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Minworth Close |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Minworth Close |
| Sep 2024 | Shoplifting | Awaiting court outcome | On or near Birchfield Road |
| Sep 2024 | Shoplifting | Awaiting court outcome | On or near Birchfield Road |