£318,499
This estimated value is based upon the latest sale price for the house of £320,000 on 6 Jan 2023. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £320,000 | 6 Jan 2023 |
| £200,000 | 17 May 2013 |
| Detached |
| Leasehold |
| Floor Area: 80 sq meters or 861 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 January 2023 the House Price Index for WORCESTERSHIRE was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £320,000 results in an estimated price of approximately £318,499.
| 6 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.6 | -0.469 % | £320,000 | £-1,500 | £318,499 |
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 | 4.253 % | £13,609 | £333,609 |
| 3 Month Average | -15.826 % | £-50,642 | £269,357 |
| 6 Month Average | -10.396 % | £-33,267 | £286,732 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £372,515 | £367,000 | 17 CRANHAM CLOSE |
| 11 Aug 2023 | £418,663 | £415,000 | 21 CRANHAM CLOSE |
| 17 Jul 2023 | £298,011 | £294,000 | 65 CRANHAM CLOSE |
| 10 Feb 2023 | £372,749 | £373,000 | 73 CRANHAM CLOSE |
| 20 Jan 2023 | £323,476 | £325,000 | 16 CRANHAM CLOSE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 14 Jan 2013. Using an estimated price of £318,500 means this house is valued at £3,981 per sq meter (£369 per sq foot).
The average size of a house on CRANHAM CLOSE is 98 sq meters (1,059 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Marlpit Lane | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marlpit Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marlpit Lane |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Marlpit Lane |
| Jan 2024 | Anti-social behaviour | On or near Marlpit Lane |