£146,742
This estimated value is based upon the latest sale price for the house of £140,000 on 11 Jan 2022. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £140,000 | 11 Jan 2022 |
| £131,000 | 31 Jan 2019 |
| £124,995 | 5 Feb 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 January 2022 the House Price Index for WORCESTERSHIRE was 141.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.816%.Applying this 4.816% change to the original purchase price of £140,000 results in an estimated price of approximately £146,742.
| 11 Jan 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.0 | 4.816 % | £140,000 | £6,742 | £146,742 |
The Postcode Pricing Model uses changes in average sales price within the WR5 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 | 7.513 % | £10,517 | £150,517 |
| 3 Month Average | 2.839 % | £3,973 | £143,973 |
| 6 Month Average | 12.620 % | £17,667 | £157,667 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £145,000 | £145,000 | FLAT 18 BRIDGEVIEW HOUSE, 2 WOODHOUSE CLOSE |
| 24 Apr 2023 | £188,400 | £187,000 | APARTMENT 4 RIVERBANK COURT, 23 WOODHOUSE CLOSE |
| 20 Jan 2023 | £255,258 | £257,500 | FLAT 32 LOCKWHEEL HOUSE, 4 WOODHOUSE CLOSE |
| 18 May 2022 | £199,973 | £197,000 | FLAT 3 LOCKWHEEL HOUSE, 4 WOODHOUSE CLOSE |
| 29 Apr 2022 | £170,256 | £166,000 | APARTMENT 7 RIVERBANK COURT, 23 WOODHOUSE CLOSE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 19 Jan 2016. Using an estimated price of £146,742 means this house is valued at £2,934 per sq meter (£272 per sq foot).
The average size of a house on WOODHOUSE CLOSE is 79 sq meters (858 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Woodhouse Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodhouse Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Woodhouse Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodhouse Close |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Diglis Dock Road |