£315,036
This estimated value is based upon the latest sale price for the house of £274,000 on 8 Jan 2021. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £274,000 | 8 Jan 2021 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 January 2021 the House Price Index for WORCESTERSHIRE was 130.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 14.977%.Applying this 14.977% change to the original purchase price of £274,000 results in an estimated price of approximately £315,036.
| 8 Jan 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 130.2 | 149.7 | 14.977 % | £274,000 | £41,036 | £315,036 |
The Postcode Pricing Model uses changes in average sales price within the DY12 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 | -1.343 % | £-3,679 | £270,320 |
| 3 Month Average | 12.361 % | £33,869 | £307,869 |
| 6 Month Average | -2.966 % | £-8,128 | £265,871 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £410,418 | £400,000 | 35A KIDDERMINSTER ROAD |
| 29 Sep 2023 | £214,734 | £210,000 | 61 SPRINGHILL RISE |
| 4 Aug 2023 | £239,316 | £235,000 | 44 KIDDERMINSTER ROAD |
| 2 Jun 2023 | £408,180 | £400,000 | 15 SPENCER AVENUE |
| 16 Feb 2023 | £498,329 | £495,000 | YEWTREE COTTAGE GREY GREEN LANE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 5 Aug 2020. Using an estimated price of £315,037 means this house is valued at £3,214 per sq meter (£298 per sq foot).
The average size of a house on KIDDERMINSTER ROAD is 109 sq meters (1,180 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Springhill Rise |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springhill Rise |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Springhill Rise |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Springhill Rise |
| Aug 2024 | Vehicle crime | Under investigation | On or near Maypole Close |