£188,875
This estimated value is based upon the latest sale price for the house of £155,000 on 7 Feb 2020. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £155,000 | 7 Feb 2020 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2020 the House Price Index for WORCESTERSHIRE was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.855%.Applying this 21.855% change to the original purchase price of £155,000 results in an estimated price of approximately £188,875.
| 7 Feb 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.855 % | £155,000 | £33,875 | £188,875 |
The Postcode Pricing Model uses changes in average sales price within the WR11 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 | 34.409 % | £53,333 | £208,333 |
| 3 Month Average | 51.186 % | £79,337 | £234,337 |
| 6 Month Average | 28.377 % | £43,983 | £198,983 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £161,198 | £160,000 | 17 LINDEN CLOSE |
| 31 Mar 2023 | £211,141 | £210,000 | 34 ASH GROVE |
| 17 Mar 2023 | £214,158 | £213,000 | 37 OAK TREE CLOSE |
| 12 Aug 2022 | £264,215 | £266,000 | 54 OAK TREE CLOSE |
| 1 Apr 2022 | £241,026 | £235,000 | 49 OAK TREE CLOSE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 5 Mar 2019. Using an estimated price of £188,875 means this house is valued at £2,196 per sq meter (£204 per sq foot).
The average size of a house on OAK TREE CLOSE is 87 sq meters (944 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Tree Close |
| Apr 2024 | Public order | Awaiting court outcome | On or near Holmwood Gardens |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holmwood Gardens |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holmwood Gardens |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holmwood Gardens |