£213,840
This estimated value is based upon the latest sale price for the house of £190,000 on 12 May 2021. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £190,000 | 12 May 2021 |
| £180,000 | 17 Feb 2017 |
| £141,000 | 23 Jul 2014 |
| £180,000 | 21 Jan 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 92 sq meters or 1,000 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 May 2021 the House Price Index for WORCESTERSHIRE was 131.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 12.548%.Applying this 12.548% change to the original purchase price of £190,000 results in an estimated price of approximately £213,840.
| 12 May 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 148.0 | 12.548 % | £190,000 | £23,840 | £213,840 |
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 | -8.000 % | £-15,200 | £174,799 |
| 3 Month Average | -5.690 % | £-10,811 | £179,188 |
| 6 Month Average | 5.567 % | £10,577 | £200,577 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £266,621 | £265,000 | 5 FERNEY HILL AVENUE |
| 30 Jun 2023 | £231,880 | £230,000 | 18 MARLPOOL DRIVE |
| 27 Jun 2023 | £239,946 | £238,000 | 21 FERNEY HILL AVENUE |
| 14 Oct 2022 | £300,533 | £305,000 | 5 COPPICE CLOSE |
| 8 Jul 2022 | £7,140 | £7,150 | 64 MARLPOOL DRIVE |
This house has a floor area of 92 sq meters or 1,000 sq feet when measured on 8 Aug 2011. Using an estimated price of £213,840 means this house is valued at £2,300 per sq meter (£213 per sq foot).
The average size of a house on PURSHALL CLOSE is 344 sq meters (3,708 sq feet).
This house is the smallest in the street with a floor area of 92 sq meters (1,000 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Under investigation | On or near Ferney Hill Avenue |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Marlpool Drive |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marlpool Drive |
| Jan 2024 | Anti-social behaviour | On or near Holmwood Drive | |
| Jan 2024 | Anti-social behaviour | On or near Holmwood Drive |