£266,195
This estimated value is based upon the latest sale price for the house of £176,500 on 20 Oct 2014. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £176,500 | 20 Oct 2014 |
| £55,000 | 18 Dec 1995 |
| 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 October 2014 the House Price Index for WORCESTERSHIRE was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £176,500 results in an estimated price of approximately £266,195.
| 20 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £176,500 | £89,695 | £266,195 |
The Postcode Pricing Model uses changes in average sales price within the B97 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 | 24.598 % | £43,414 | £219,914 |
| 3 Month Average | 26.196 % | £46,236 | £222,736 |
| 6 Month Average | 45.133 % | £79,660 | £256,160 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jun 2024 | £440,000 | £440,000 | 5 THE DRIVE |
| 18 Aug 2023 | £407,347 | £400,000 | THE OLD FORGE HEWELL LANE |
| 16 Aug 2023 | £348,282 | £342,000 | 2 THE PARK |
| 26 Aug 2022 | £326,527 | £325,000 | 51 THE PARK |
| 8 Jul 2022 | £280,814 | £278,000 | 16 THE PARK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Under investigation | On or near Hewell Close |
| May 2024 | Drugs | Unable to prosecute suspect | On or near Hewell Close |
| May 2024 | Other theft | Under investigation | On or near Hewell Close |
| May 2024 | Anti-social behaviour | On or near Parking Area | |
| May 2024 | Anti-social behaviour | On or near Parking Area |