£435,826
This estimated value is based upon the latest sale price for the house of £437,000 on 23 Aug 2022. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £437,000 | 23 Aug 2022 |
| £290,000 | 16 Oct 2020 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2022 the House Price Index for WORCESTERSHIRE was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £437,000 results in an estimated price of approximately £435,826.
| 23 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.6 | -0.268 % | £437,000 | £-1,173 | £435,826 |
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 | -19.375 % | £-84,669 | £352,330 |
| 3 Month Average | 0.040 % | £176 | £437,176 |
| 6 Month Average | 2.585 % | £11,297 | £448,297 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £340,000 | £340,000 | 21 HAWKWOOD CLOSE |
| 2 Nov 2023 | £94,387 | £92,990 | 2 COWLEIGH ROAD |
| 18 Aug 2023 | £221,942 | £220,000 | 27 PUMP STREET |
| 23 Aug 2022 | £435,827 | £437,000 | 45 HORNYOLD ROAD |
| 27 May 2022 | £779,691 | £765,000 | 41 HORNYOLD ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 21 May 2020. Using an estimated price of £435,827 means this house is valued at £4,686 per sq meter (£435 per sq foot).
The average size of a house on HORNYOLD ROAD is 181 sq meters (1,954 sq feet).
This house is the smallest in the street with a floor area of 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near B4219 |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Gibson Grove |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Gibson Grove |
| Feb 2024 | Possession of weapons | Offender given a caution | On or near North Malvern Road |