£165,751
This estimated value is based upon the latest sale price for the house of £99,500 on 7 Aug 2013. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £99,500 | 7 Aug 2013 |
| £99,500 | 7 Aug 2013 |
| £99,950 | 17 Feb 2005 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 34 sq meters or 374 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 2013 the House Price Index for WORCESTERSHIRE was 89.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.584%.Applying this 66.584% change to the original purchase price of £99,500 results in an estimated price of approximately £165,751.
| 7 Aug 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 149.7 | 66.584 % | £99,500 | £66,251 | £165,751 |
The Postcode Pricing Model uses changes in average sales price within the B97 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 | 41.102 % | £40,896 | £140,396 |
| 3 Month Average | 45.367 % | £45,140 | £144,640 |
| 6 Month Average | 59.850 % | £59,550 | £159,050 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £225,464 | £222,000 | 31 BILBURY CLOSE |
| 24 Nov 2023 | £189,818 | £185,000 | 17 BILBURY CLOSE |
| 15 Sep 2023 | £199,396 | £195,000 | 71 BILBURY CLOSE |
| 12 Aug 2022 | £241,228 | £240,100 | 29 BILBURY CLOSE |
| 29 Jul 2022 | £232,328 | £230,000 | 251 WALKWOOD ROAD |
This house has a floor area of 34 sq meters or 374 sq feet when measured on 22 Feb 2008. Using an estimated price of £165,751 means this house is valued at £4,760 per sq meter (£442 per sq foot).
The average size of a house on DRAKES CLOSE is 116 sq meters (1,254 sq feet).
This house is the smallest in the street with a floor area of 34 sq meters (374 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Drakes Close |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Drakes Close |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Drakes Close |
| Jul 2024 | Other theft | Under investigation | On or near Lightoak Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Bilbury Close |