£244,816
This estimated value is based upon the latest sale price for the house of £205,000 on 14 Aug 2020. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £205,000 | 14 Aug 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 August 2020 the House Price Index for WORCESTERSHIRE was 123.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.422%.Applying this 19.422% change to the original purchase price of £205,000 results in an estimated price of approximately £244,816.
| 14 Aug 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.0 | 19.422 % | £205,000 | £39,816 | £244,816 |
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 | 34.316 % | £70,347 | £275,347 |
| 3 Month Average | 38.043 % | £77,989 | £282,989 |
| 6 Month Average | 26.419 % | £54,158 | £259,158 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Apr 2024 | £295,000 | £295,000 | 68 THE MEADWAY |
| 18 Mar 2024 | £162,549 | £162,000 | BENTLEY CROFT, 8 HAMILTON ROAD |
| 18 Aug 2023 | £195,187 | £194,000 | 23 STONEHOUSE CLOSE |
| 17 Jul 2023 | £328,104 | £325,000 | 124 THE MEADWAY |
| 30 Nov 2022 | £342,447 | £348,000 | 130 THE MEADWAY |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 28 Jan 2020. Using an estimated price of £244,816 means this house is valued at £3,825 per sq meter (£355 per sq foot).
The average size of a house on THE MEADWAY is 81 sq meters (881 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Stonehouse Close | |
| Mar 2024 | Drugs | Under investigation | On or near Shelley Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shelley Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shelley Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chapel Street |