£624,730
This estimated value is based upon the latest sale price for the house of £500,000 on 20 Feb 2018. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£500,000 | 20 Feb 2018 |
£389,950 | 25 May 2007 |
£307,500 | 9 Dec 2004 |
£152,500 | 2 Jun 1998 |
Detached |
Freehold |
Floor Area: 198 sq meters or 2,131 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 February 2018 the House Price Index for WORCESTERSHIRE was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £500,000 results in an estimated price of approximately £624,730.
20 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.9 | 148.6 | 24.946 % | £500,000 | £124,730 | £624,730 |
The Postcode Pricing Model uses changes in average sales price within the WR9 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 | -15.221 % | £-76,107 | £423,892 |
3 Month Average | 28.845 % | £144,222 | £644,222 |
6 Month Average | 39.114 % | £195,572 | £695,572 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Jul 2023 | £582,844 | £575,000 | 19 SHOWELL CLOSE |
20 Jul 2023 | £437,894 | £432,000 | 44 SHOWELL GREEN |
22 Jul 2022 | £531,431 | £530,000 | 21 SHOWELL CLOSE |
18 Jul 2022 | £312,341 | £311,500 | 59 SHOWELL GREEN |
22 Oct 2021 | £497,915 | £450,000 | 12 GEOFFREY CHAUCER WALK |
This house has a floor area of 198 sq meters or 2,131 sq feet when measured on 27 Nov 2017. Using an estimated price of £624,730 means this house is valued at £3,155 per sq meter (£293 per sq foot).
The average size of a house on SHOWELL CLOSE is 157 sq meters (1,691 sq feet).
This house is the largest in the street with a floor area of 198 sq meters (2,131 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Showell Green |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Enid Blyton Corner |