£405,375
This estimated value is based upon the latest sale price for the house of £329,950 on 20 Dec 2018. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £329,950 | 20 Dec 2018 |
| £325,000 | 19 Dec 2016 |
| 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 December 2018 the House Price Index for WORCESTERSHIRE was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.860%.Applying this 22.860% change to the original purchase price of £329,950 results in an estimated price of approximately £405,375.
| 20 Dec 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.860 % | £329,950 | £75,425 | £405,375 |
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 | -21.236 % | £-70,069 | £259,880 |
| 3 Month Average | 44.135 % | £145,622 | £475,572 |
| 6 Month Average | 23.357 % | £77,065 | £407,015 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £501,437 | £495,000 | 15 SYCAMORE DRIVE |
| 17 Nov 2023 | £293,771 | £290,000 | 14 BIRCH GROVE |
| 14 Aug 2023 | £417,539 | £415,000 | 6 STEPHENSON WAY |
| 27 Jul 2023 | £479,536 | £475,000 | 5 STEPHENSON WAY |
| 5 Apr 2023 | £428,182 | £425,000 | 2 STEPHENSON WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Bicycle theft | Under investigation | On or near Gooch Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stephenson Way |
| Feb 2024 | Other theft | On or near Honeybourne (Station) | |
| Feb 2024 | Other theft | On or near Honeybourne (Station) | |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Churchward Close |