£523,464
This estimated value is based upon the latest sale price for the house of £485,000 on 17 Dec 2021. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £485,000 | 17 Dec 2021 |
| £335,000 | 3 Aug 2012 |
| £183,000 | 8 Apr 1999 |
| Detached |
| Freehold |
| Floor Area: 171 sq meters or 1,840 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 2021 the House Price Index for WORCESTERSHIRE was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £485,000 results in an estimated price of approximately £523,464.
| 17 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £485,000 | £38,464 | £523,464 |
The Postcode Pricing Model uses changes in average sales price within the WR11 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 | 7.896 % | £38,296 | £523,296 |
| 3 Month Average | -0.951 % | £-4,613 | £480,386 |
| 6 Month Average | 4.893 % | £23,728 | £508,728 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £203,121 | £200,000 | 24A PORT STREET |
| 15 Dec 2023 | £103,170 | £100,000 | FLAT 2 32A PORT STREET |
| 12 Jun 2023 | £637,781 | £625,000 | SMALLCROFT COOPERS LANE |
| 29 Apr 2022 | £317,451 | £306,000 | 14 BEACH CLOSE |
| 17 Dec 2021 | £523,464 | £485,000 | 6 FAIRWATER CLOSE |
This house has a floor area of 171 sq meters or 1,840 sq feet when measured on 1 Nov 2021. Using an estimated price of £523,464 means this house is valued at £3,061 per sq meter (£284 per sq foot).
The average size of a house on FAIRWATER CLOSE is 145 sq meters (1,570 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Fairwater Close | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Priors Walk |
| May 2024 | Robbery | Unable to prosecute suspect | On or near Priors Walk |
| Jun 2024 | Anti-social behaviour | On or near Beach Close | |
| Jun 2024 | Anti-social behaviour | On or near Beach Close |