£649,757
This estimated value is based upon the latest sale price for the house of £635,000 on 19 Oct 2023. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
There has been one burglary within the last year on or near Gordon Close
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| Price Paid | Date |
|---|---|
| £635,000 | 19 Oct 2023 |
| £445,000 | 1 Jul 2014 |
| £337,500 | 5 Jul 2007 |
| £285,000 | 29 Apr 2005 |
| Semi-Detached |
| Leasehold |
| Floor Area: 45 sq meters or 485 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 October 2023 the House Price Index for WORCESTERSHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £635,000 results in an estimated price of approximately £649,757.
| 19 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £635,000 | £14,757 | £649,757 |
The Postcode Pricing Model uses changes in average sales price within the WR12 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 | 17.485 % | £111,029 | £746,029 |
| 3 Month Average | -24.076 % | £-152,885 | £482,114 |
| 6 Month Average | -2.701 % | £-17,148 | £617,851 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £691,001 | £685,000 | 22 GORDON CLOSE |
| 27 Mar 2024 | £548,426 | £540,000 | 35 GORDON CLOSE |
| 27 Oct 2023 | £726,500 | £710,000 | 20 GORDON CLOSE |
| 19 Oct 2023 | £649,757 | £635,000 | 45 GORDON CLOSE |
| 11 Aug 2023 | £407,347 | £400,000 | ROSE COTTAGE BACK LANE |
This house has a floor area of 45 sq meters or 485 sq feet when measured on 21 Oct 2011. Using an estimated price of £649,757 means this house is valued at £14,394 per sq meter (£1,337 per sq foot).
The average size of a house on GORDON CLOSE is 102 sq meters (1,107 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Gordon Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Russell Square |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Russell Square |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Shopping Area |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Shopping Area |