£513,374
This estimated value is based upon the latest sale price for the house of £500,000 on 30 May 2022. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £500,000 | 30 May 2022 |
| £282,500 | 1 Dec 2017 |
| Semi-Detached |
| Freehold |
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 May 2022 the House Price Index for WORCESTERSHIRE was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £500,000 results in an estimated price of approximately £513,374.
| 30 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £500,000 | £13,374 | £513,374 |
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 | 11.478 % | £57,389 | £557,389 |
| 3 Month Average | 11.989 % | £59,946 | £559,946 |
| 6 Month Average | 12.296 % | £61,478 | £561,478 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £283,861 | £279,500 | 2 KINGS HILL |
| 30 Nov 2023 | £402,210 | £392,000 | 153 MAIN ROAD |
| 27 Oct 2023 | £337,669 | £330,000 | 52 THE LIMES |
| 4 Aug 2023 | £289,216 | £284,000 | 99 MAIN ROAD |
| 29 Jun 2023 | £359,198 | £352,000 | 143 MAIN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Windmill Lane | |
| Jun 2024 | Anti-social behaviour | On or near Windmill Lane | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Derrington Gardens |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Derrington Gardens |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Derrington Gardens |