£301,149
This estimated value is based upon the latest sale price for the house of £163,000 on 25 Feb 2005. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £163,000 | 25 Feb 2005 |
| £60,000 | 24 Nov 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 February 2005 the House Price Index for WORCESTERSHIRE was 79.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 84.755%.Applying this 84.755% change to the original purchase price of £163,000 results in an estimated price of approximately £301,149.
| 25 Feb 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.4 | 146.7 | 84.755 % | £163,000 | £138,149 | £301,149 |
The Postcode Pricing Model uses changes in average sales price within the WR4 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 | -2.234 % | £-3,641 | £159,358 |
| 3 Month Average | 55.462 % | £90,402 | £253,402 |
| 6 Month Average | 70.635 % | £115,134 | £278,134 |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 2 Dec 2013.
The average size of a house on LAUNCESTON PLACE is 96 sq meters (1,033 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Launceston Place |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Launceston Place |
| Mar 2024 | Anti-social behaviour | On or near Farnham Green | |
| Dec 2023 | Public order | Awaiting court outcome | On or near Farnham Green |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lydford Terrace |