£1,951,776
This estimated value is based upon the latest sale price for the house of £318,500 on 9 Jul 2024. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £318,500 | 9 Jul 2024 |
| £243,000 | 18 Oct 2021 |
| £56,000 | 15 Jul 1996 |
| Semi-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 July 2024 the House Price Index for WORCESTERSHIRE was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £318,500 results in an estimated price of approximately £1,951,776.
| 9 Jul 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £318,500 | £1,633,276 | £1,951,776 |
The Postcode Pricing Model uses changes in average sales price within the WR8 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 | -33.681 % | £-107,275 | £211,224 |
| 3 Month Average | 0.928 % | £2,955 | £321,455 |
| 6 Month Average | 9.819 % | £31,273 | £349,773 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2024 | £360,000 | £360,000 | 8 HILLSFIELD |
| 20 Mar 2024 | £309,759 | £305,000 | 3 RECTORY ROAD |
| 21 Sep 2023 | £319,544 | £312,500 | 11 LONGFIELD |
| 25 Aug 2023 | £427,714 | £420,000 | 23 HAM VIEW |
| 20 Apr 2023 | £254,765 | £250,000 | 12 LONGFIELD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Hillsfield |