£287,447
This estimated value is based upon the latest sale price for the house of £180,000 on 3 May 2007. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £180,000 | 3 May 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 May 2007 the House Price Index for WORCESTERSHIRE was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £180,000 results in an estimated price of approximately £287,447.
| 3 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 148.6 | 59.693 % | £180,000 | £107,447 | £287,447 |
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 | 26.258 % | £47,264 | £227,264 |
| 3 Month Average | 47.621 % | £85,717 | £265,717 |
| 6 Month Average | 48.712 % | £87,681 | £267,681 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jun 2023 | £313,801 | £310,000 | 26 LOWER CHASE ROAD |
| 26 Sep 2022 | £69,439 | £70,000 | 18 PROSPECT CLOSE |
| 4 Jul 2022 | £245,661 | £245,000 | 5 COTSWOLD ROAD |
| 23 Jun 2022 | £263,727 | £260,000 | 2 MAYFLOWER CLOSE |
| 17 Jan 2022 | £331,509 | £315,000 | 38 COTSWOLD ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 11 Oct 2013. Using an estimated price of £287,447 means this house is valued at £2,818 per sq meter (£261 per sq foot).
The average size of a house on COTSWOLD ROAD is 93 sq meters (1,002 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Cotswold Road |
| Feb 2024 | Drugs | Under investigation | On or near Mayflower Close |