£452,114
This estimated value is based upon the latest sale price for the house of £450,000 on 9 Aug 2022. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £450,000 | 9 Aug 2022 |
| £300,000 | 2 Sep 2015 |
| £298,000 | 1 Jun 2006 |
| £180,000 | 14 Dec 1999 |
| £97,250 | 23 Apr 1996 |
| Terraced |
| Freehold |
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 2022 the House Price Index for WORCESTERSHIRE was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £450,000 results in an estimated price of approximately £452,114.
| 9 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £450,000 | £2,114 | £452,114 |
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 | 3.549 % | £15,972 | £465,972 |
| 3 Month Average | 7.450 % | £33,526 | £483,526 |
| 6 Month Average | 5.809 % | £26,139 | £476,139 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £443,854 | £440,000 | MAGNOLIA STATION ROAD |
| 22 Nov 2023 | £595,106 | £580,000 | BIRCH HOUSE GRANGE LANE |
| 20 Nov 2023 | £574,585 | £560,000 | 3 FINCH LANE |
| 9 Aug 2022 | £452,114 | £450,000 | BANK COTTAGE STRATFORD ROAD |
| 15 Jul 2022 | £494,960 | £490,000 | 4 RECTORY CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Shakespeare Lane |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shakespeare Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shakespeare Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shakespeare Lane |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Station Road |