£226,057
This estimated value is based upon the latest sale price for the house of £225,000 on 12 Aug 2022. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £225,000 | 12 Aug 2022 |
| £135,000 | 11 Jun 2013 |
| £42,950 | 19 Apr 2002 |
| £31,500 | 7 Apr 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 60 sq meters or 645 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 2022 the House Price Index for WORCESTERSHIRE was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £225,000 results in an estimated price of approximately £226,057.
| 12 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £225,000 | £1,057 | £226,057 |
The Postcode Pricing Model uses changes in average sales price within the WR14 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 | -18.703 % | £-42,081 | £182,918 |
| 3 Month Average | 0.982 % | £2,208 | £227,208 |
| 6 Month Average | 5.135 % | £11,554 | £236,554 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £350,383 | £345,000 | 48 BRONSIL DRIVE |
| 26 Oct 2023 | £665,106 | £650,000 | 114 TANHOUSE LANE |
| 2 Sep 2022 | £344,770 | £345,000 | 3 BIRCHWOOD ROAD |
| 12 Aug 2022 | £226,057 | £225,000 | 7 PREECE CLOSE |
| 7 Jul 2022 | £292,935 | £290,000 | 4 COPPICE CLOSE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 10 Aug 2020. Using an estimated price of £226,057 means this house is valued at £3,767 per sq meter (£350 per sq foot).
The average size of a house on PREECE CLOSE is 87 sq meters (942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Catalpa Close |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Catalpa Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Catalpa Close |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Catalpa Close |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Bronsil Drive |