£505,732
This estimated value is based upon the latest sale price for the house of £400,000 on 16 Jan 2018. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £400,000 | 16 Jan 2018 |
| £124,995 | 14 Nov 1997 |
| Detached |
| Freehold |
| Floor Area: 142 sq meters or 1,528 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 January 2018 the House Price Index for WORCESTERSHIRE was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £400,000 results in an estimated price of approximately £505,732.
| 16 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £400,000 | £105,732 | £505,732 |
The Postcode Pricing Model uses changes in average sales price within the HR8 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 | 98.921 % | £395,684 | £795,684 |
| 3 Month Average | 31.317 % | £125,267 | £525,267 |
| 6 Month Average | 21.884 % | £87,537 | £487,537 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £193,260 | £189,000 | 4 GIBSON ROAD |
| 10 Aug 2023 | £208,765 | £205,000 | 17 GIBSON ROAD |
| 17 Apr 2023 | £509,530 | £500,000 | 12 FROST ROAD |
| 15 Jul 2022 | £505,061 | £500,000 | 1 ABERCROMBIE CLOSE |
| 28 Mar 2022 | £215,050 | £206,000 | 26 GIBSON ROAD |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 27 Oct 2017. Using an estimated price of £505,732 means this house is valued at £3,561 per sq meter (£330 per sq foot).
The average size of a house on ABERCROMBIE CLOSE is 139 sq meters (1,504 sq feet).
This house is the largest in the street with a floor area of 142 sq meters (1,528 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thomas Close |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kingsmead |
| Oct 2024 | Anti-social behaviour | On or near The Leasowes | |
| Sep 2024 | Anti-social behaviour | On or near The Leasowes | |
| Sep 2024 | Anti-social behaviour | On or near The Leasowes |