£480,989
This estimated value is based upon the latest sale price for the house of £110,000 on 24 May 1999. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £110,000 | 24 May 1999 |
| Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 May 1999 the House Price Index for WORCESTERSHIRE was 33.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 337.263%.Applying this 337.263% change to the original purchase price of £110,000 results in an estimated price of approximately £480,989.
| 24 May 1999 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.5 | 146.7 | 337.263 % | £110,000 | £370,989 | £480,989 |
The Postcode Pricing Model uses changes in average sales price within the WR10 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 | 38.300 % | £42,130 | £152,130 |
| 3 Month Average | 171.686 % | £188,855 | £298,855 |
| 6 Month Average | 228.548 % | £251,402 | £361,402 |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 29 Jan 2020.
There is one other house on the street which we know the size of, this is 3 GIG BRIDGE LANE it is 145.2
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Nursery Close |
| Jan 2024 | Anti-social behaviour | On or near Nursery Close | |
| Jan 2024 | Anti-social behaviour | On or near Nursery Close | |
| Jan 2024 | Anti-social behaviour | On or near Nursery Close | |
| Dec 2023 | Other theft | Under investigation | On or near Bedford Close |