£545,456
This estimated value is based upon the latest sale price for the house of £440,000 on 9 Aug 2019. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £440,000 | 9 Aug 2019 |
| £56,000 | 12 Jan 1996 |
| Detached |
| 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 2019 the House Price Index for WORCESTERSHIRE was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £440,000 results in an estimated price of approximately £545,456.
| 9 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £440,000 | £105,456 | £545,456 |
The Postcode Pricing Model uses changes in average sales price within the B48 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 | -17.359 % | £-76,381 | £363,618 |
| 3 Month Average | -18.782 % | £-82,639 | £357,360 |
| 6 Month Average | 16.882 % | £74,282 | £514,282 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £815,706 | £795,000 | ORCHARD ROWNEY GREEN LANE |
| 10 Nov 2023 | £513,023 | £500,000 | 4 NEWBOURNE HILL |
| 29 Sep 2023 | £881,942 | £862,500 | LANCASTER HOUSE ROWNEY GREEN LANE |
| 28 Jun 2021 | £410,729 | £380,000 | OLD GARDEN GRAVEL PIT LANE |
| 19 Mar 2021 | £4,091 | £3,648 | BISHOPS CROFT GRAVEL PIT LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Newbourne Hill |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Newbourne Hill |
| Sep 2024 | Anti-social behaviour | On or near Newbourne Hill | |
| Sep 2024 | Anti-social behaviour | On or near Newbourne Hill | |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Newbourne Hill |