£411,892
This estimated value is based upon the latest sale price for the house of £270,000 on 15 Aug 2014. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £270,000 | 15 Aug 2014 |
| 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 August 2014 the House Price Index for WORCESTERSHIRE was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £270,000 results in an estimated price of approximately £411,892.
| 15 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £270,000 | £141,892 | £411,892 |
The Postcode Pricing Model uses changes in average sales price within the WR5 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 | 48.651 % | £131,357 | £401,357 |
| 3 Month Average | 43.186 % | £116,602 | £386,602 |
| 6 Month Average | 51.586 % | £139,282 | £409,282 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £312,090 | £302,500 | 11 MINERVA CRESCENT |
| 10 Nov 2023 | £359,116 | £350,000 | 8 DARWIN CLOSE |
| 4 Aug 2023 | £353,373 | £347,000 | 9 PLOVERS RISE |
| 8 Jun 2023 | £326,544 | £320,000 | 7 FLORENCE CLOSE |
| 30 Aug 2022 | £170,799 | £170,000 | 7 MINERVA CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Florence Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Florence Close |