£448,925
This estimated value is based upon the latest sale price for the house of £320,000 on 20 Nov 2015. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £320,000 | 20 Nov 2015 |
| Detached |
| Freehold |
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 November 2015 the House Price Index for WORCESTERSHIRE was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £320,000 results in an estimated price of approximately £448,925.
| 20 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £320,000 | £128,925 | £448,925 |
The Postcode Pricing Model uses changes in average sales price within the B45 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 | 36.608 % | £117,144 | £437,144 |
| 3 Month Average | 9.268 % | £29,656 | £349,656 |
| 6 Month Average | 42.992 % | £137,573 | £457,573 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2024 | £500,000 | £500,000 | PLOT 3 BILBERRY GARDENS LICKEY SQUARE |
| 12 Dec 2023 | £402,364 | £390,000 | 57 PINE GROVE |
| 24 Oct 2023 | £409,296 | £400,000 | PLOT 1 LICKEY SQUARE |
| 1 Sep 2023 | £678,967 | £664,000 | 25A LICKEY SQUARE |
| 16 Jun 2023 | £438,793 | £430,000 | 38 PINE GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near High House Drive | |
| Aug 2024 | Anti-social behaviour | On or near High House Drive | |
| Aug 2024 | Anti-social behaviour | On or near High House Drive | |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Lynwood Way |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lynwood Way |