£314,436
This estimated value is based upon the latest sale price for the house of £257,000 on 26 Feb 2020. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £257,000 | 26 Feb 2020 |
| £183,000 | 8 Nov 2013 |
| £183,000 | 8 Nov 2013 |
| Detached |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 February 2020 the House Price Index for WORCESTERSHIRE was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £257,000 results in an estimated price of approximately £314,436.
| 26 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £257,000 | £57,436 | £314,436 |
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 | 36.316 % | £93,331 | £350,331 |
| 3 Month Average | 37.060 % | £95,245 | £352,245 |
| 6 Month Average | 27.909 % | £71,726 | £328,726 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £418,663 | £415,000 | 21 CRANHAM CLOSE |
| 26 Jul 2023 | £532,162 | £525,000 | 12 BELMONT CLOSE |
| 17 Apr 2023 | £252,721 | £250,000 | 9 ASTON CLOSE |
| 20 Jan 2023 | £323,476 | £325,000 | 16 CRANHAM CLOSE |
| 11 Nov 2022 | £124,492 | £126,000 | FLAT 10 BIRCHLEY HOUSE, 245A BIRCHFIELD ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 13 Aug 2013. Using an estimated price of £314,437 means this house is valued at £5,614 per sq meter (£521 per sq foot).
The average size of a house on DORRIDGE CLOSE is 79 sq meters (857 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Alton Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marlpit Lane |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Marlpit Lane |
| Jan 2024 | Anti-social behaviour | On or near Marlpit Lane | |
| Jan 2024 | Anti-social behaviour | On or near Marlpit Lane |