£512,056
This estimated value is based upon the latest sale price for the house of £365,000 on 23 Nov 2015. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£365,000 | 23 Nov 2015 |
£270,000 | 2 Jul 2008 |
Semi-Detached |
Freehold |
Floor Area: 167 sq meters or 1,797 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 November 2015 the House Price Index for WORCESTERSHIRE was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £365,000 results in an estimated price of approximately £512,056.
23 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 149.7 | 40.289 % | £365,000 | £147,056 | £512,056 |
The Postcode Pricing Model uses changes in average sales price within the WR3 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 | 4.775 % | £17,430 | £382,430 |
3 Month Average | 33.699 % | £123,002 | £488,002 |
6 Month Average | 30.556 % | £111,527 | £476,527 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Nov 2023 | £282,162 | £275,000 | 8 CHECKETTS LANE |
3 Oct 2023 | £312,088 | £305,000 | 2 THE DRIVE |
3 Feb 2023 | £135,908 | £135,000 | APARTMENT 12 WEAVERS COURT CHECKETTS LANE |
27 Jan 2023 | £426,139 | £425,000 | 31 ELTRIC ROAD |
27 Oct 2022 | £438,535 | £440,000 | 280 OMBERSLEY ROAD |
This house has a floor area of 167 sq meters or 1,797 sq feet when measured on 9 Sep 2015. Using an estimated price of £512,056 means this house is valued at £3,066 per sq meter (£284 per sq foot).
The average size of a house on MORRIS AVENUE is 134 sq meters (1,445 sq feet).
This house is the largest in the street with a floor area of 167 sq meters (1,797 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Elmdale Road |
Oct 2024 | Public order | Unable to prosecute suspect | On or near Ombersley Road |
Sep 2024 | Anti-social behaviour | On or near Checketts Lane | |
Sep 2024 | Anti-social behaviour | On or near Checketts Lane | |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Checketts Lane |