£763,631
This estimated value is based upon the latest sale price for the house of £625,000 on 19 Dec 2019. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £625,000 | 19 Dec 2019 |
| Detached |
| Freehold |
| Floor Area: 222 sq meters or 2,389 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 December 2019 the House Price Index for WORCESTERSHIRE was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.181%.Applying this 22.181% change to the original purchase price of £625,000 results in an estimated price of approximately £763,631.
| 19 Dec 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.181 % | £625,000 | £138,631 | £763,631 |
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 | 117.536 % | £734,601 | £1,359,601 |
| 3 Month Average | 19.673 % | £122,957 | £747,957 |
| 6 Month Average | 24.223 % | £151,392 | £776,392 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £296,000 | £295,000 | 137 NEWTOWN ROAD |
| 1 Mar 2024 | £341,153 | £340,000 | 21 HAWKWOOD CLOSE |
| 14 Apr 2023 | £251,872 | £250,000 | 113 NEWTOWN ROAD |
| 11 Nov 2022 | £393,617 | £400,000 | 123 NEWTOWN ROAD |
| 12 Oct 2022 | £443,409 | £450,000 | 7 NEWTOWN ROAD |
This house has a floor area of 222 sq meters or 2,389 sq feet when measured on 22 Jun 2018. Using an estimated price of £763,632 means this house is valued at £3,439 per sq meter (£319 per sq foot).
The average size of a house on HOWEY CLOSE is 241 sq meters (2,602 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Grafton Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Anti-social behaviour | On or near Parking Area | |
| Jan 2024 | Anti-social behaviour | On or near Parking Area | |
| Jan 2024 | Anti-social behaviour | On or near Parking Area |