£216,783
This estimated value is based upon the latest sale price for the house of £140,000 on 9 Jun 2014. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £140,000 | 9 Jun 2014 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 927 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 June 2014 the House Price Index for WORCESTERSHIRE was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £140,000 results in an estimated price of approximately £216,783.
| 9 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £140,000 | £76,783 | £216,783 |
The Postcode Pricing Model uses changes in average sales price within the WR11 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 | 54.690 % | £76,565 | £216,565 |
| 3 Month Average | 44.993 % | £62,990 | £202,990 |
| 6 Month Average | 51.353 % | £71,893 | £211,893 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £163,050 | £160,000 | 17 LINDEN CLOSE |
| 17 Mar 2023 | £216,618 | £213,000 | 37 OAK TREE CLOSE |
| 12 Aug 2022 | £267,250 | £266,000 | 54 OAK TREE CLOSE |
| 1 Apr 2022 | £243,794 | £235,000 | 49 OAK TREE CLOSE |
| 29 Oct 2021 | £244,112 | £219,000 | 11 MAPLE CLOSE |
This house has a floor area of 86 sq meters or 927 sq feet when measured on 19 May 2010. Using an estimated price of £216,783 means this house is valued at £2,516 per sq meter (£233 per sq foot).
The average size of a house on OAK TREE CLOSE is 87 sq meters (944 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Oak Tree Close | |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oak Tree Close |
| Jul 2024 | Anti-social behaviour | On or near Oak Tree Close | |
| Jul 2024 | Anti-social behaviour | On or near Oak Tree Close | |
| Jul 2024 | Anti-social behaviour | On or near Oak Tree Close |