£317,234
This estimated value is based upon the latest sale price for the house of £293,500 on 24 Jun 2021. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £293,500 | 24 Jun 2021 |
| £245,000 | 11 Nov 2016 |
| £190,000 | 1 Jul 2014 |
| £157,000 | 27 Jan 2006 |
| £83,950 | 17 Aug 1999 |
| Detached |
| Freehold |
| Floor Area: 70 sq meters or 754 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 June 2021 the House Price Index for WORCESTERSHIRE was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £293,500 results in an estimated price of approximately £317,234.
| 24 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £293,500 | £23,734 | £317,234 |
The Postcode Pricing Model uses changes in average sales price within the B97 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 | -18.837 % | £-55,285 | £238,214 |
| 3 Month Average | -14.571 % | £-42,764 | £250,735 |
| 6 Month Average | -7.584 % | £-22,260 | £271,239 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £209,192 | £205,000 | 11 HARVINGTON CLOSE |
| 24 Apr 2023 | £308,775 | £303,000 | 16 GISBURN CLOSE |
| 25 Nov 2022 | £308,557 | £310,000 | 2 GISBURN CLOSE |
| 31 Oct 2022 | £245,181 | £246,000 | 47 APPLETREE LANE |
| 26 Aug 2022 | £210,987 | £210,000 | 9 FARTHING LANE |
This house has a floor area of 70 sq meters or 754 sq feet when measured on 20 Mar 2012. Using an estimated price of £317,234 means this house is valued at £4,528 per sq meter (£420 per sq foot).
The average size of a house on GISBURN CLOSE is 86 sq meters (933 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Gisburn Close | |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Aldborough Lane |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Aldborough Lane |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Aldborough Lane |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Aldborough Lane |