£396,428
This estimated value is based upon the latest sale price for the house of £250,000 on 4 Mar 2014. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £250,000 | 4 Mar 2014 |
| £199,995 | 2 Nov 2009 |
| Detached |
| Freehold |
| Floor Area: 54 sq meters or 581 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 March 2014 the House Price Index for WORCESTERSHIRE was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £250,000 results in an estimated price of approximately £396,428.
| 4 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 149.7 | 58.571 % | £250,000 | £146,428 | £396,428 |
The Postcode Pricing Model uses changes in average sales price within the WR12 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 | 77.753 % | £194,382 | £444,382 |
| 3 Month Average | 21.551 % | £53,877 | £303,877 |
| 6 Month Average | 64.898 % | £162,246 | £412,246 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2024 | £306,000 | £306,000 | 48 AVERILL CLOSE |
| 15 Mar 2024 | £271,674 | £267,500 | 18 MORRIS ROAD |
| 1 Sep 2023 | £291,424 | £285,000 | 16 AVERILL CLOSE |
| 1 Sep 2023 | £439,693 | £430,000 | 64 AVERILL CLOSE |
| 29 Aug 2023 | £458,265 | £450,000 | 3 TYTHE ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 5 Apr 2013. Using an estimated price of £396,429 means this house is valued at £7,341 per sq meter (£682 per sq foot).
The average size of a house on AVERILL CLOSE is 69 sq meters (745 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Sands Close |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Gordon Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Russell Square |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Shopping Area |
| Aug 2024 | Burglary | Under investigation | On or near Pryors Green |