£346,265
This estimated value is based upon the latest sale price for the house of £289,950 on 14 Aug 2020. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £289,950 | 14 Aug 2020 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 August 2020 the House Price Index for WORCESTERSHIRE was 123.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.422%.Applying this 19.422% change to the original purchase price of £289,950 results in an estimated price of approximately £346,265.
| 14 Aug 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.0 | 19.422 % | £289,950 | £56,315 | £346,265 |
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 | -2.070 % | £-6,001 | £283,948 |
| 3 Month Average | 41.527 % | £120,408 | £410,358 |
| 6 Month Average | 24.971 % | £72,404 | £362,354 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2023 | £330,436 | £328,650 | 19 FOXGLOVE CLOSE |
| 26 Aug 2021 | £363,889 | £327,500 | 35 FALKLAND ROAD |
| 12 Aug 2021 | £338,889 | £305,000 | 42 FOXGLOVE CLOSE |
| 1 Apr 2021 | £313,769 | £279,000 | 8 FALKLAND ROAD |
| 30 Oct 2020 | £254,115 | £217,500 | 16 CYPRESS CLOSE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 19 Jun 2020. Using an estimated price of £346,265 means this house is valued at £3,329 per sq meter (£309 per sq foot).
The average size of a house on FALKLAND ROAD is 103 sq meters (1,117 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cypress Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foxglove Close |