£501,572
This estimated value is based upon the latest sale price for the house of £487,500 on 13 Jul 2023. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £487,500 | 13 Jul 2023 |
| £320,000 | 1 Feb 2019 |
| £250,000 | 8 Jun 2010 |
| £270,000 | 2 May 2008 |
| £225,000 | 12 Dec 2003 |
| £145,000 | 23 May 2002 |
| 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 July 2023 the House Price Index for WORCESTERSHIRE was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £487,500 results in an estimated price of approximately £501,572.
| 13 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.5 | 149.7 | 2.887 % | £487,500 | £14,072 | £501,572 |
The Postcode Pricing Model uses changes in average sales price within the B61 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 | -16.034 % | £-78,167 | £409,332 |
| 3 Month Average | 4.008 % | £19,538 | £507,038 |
| 6 Month Average | -7.522 % | £-36,670 | £450,829 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £549,918 | £540,000 | 10 BROOK FIELDS CLOSE |
| 16 Mar 2023 | £490,695 | £482,500 | 5 MARLBROOK GARDENS |
| 16 Mar 2023 | £340,690 | £335,000 | 6 CAVENDISH CLOSE |
| 10 Feb 2023 | £430,878 | £428,000 | 500 BIRMINGHAM ROAD |
| 28 Feb 2022 | £322,219 | £305,000 | 7 CAVENDISH CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Birmingham Road |
| Sep 2024 | Other theft | Under investigation | On or near Birmingham Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Birmingham Road |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |