£487,383
This estimated value is based upon the latest sale price for the house of £482,500 on 8 Jul 2022. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £482,500 | 8 Jul 2022 |
| £130,000 | 12 Aug 1999 |
| 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 July 2022 the House Price Index for WORCESTERSHIRE was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £482,500 results in an estimated price of approximately £487,383.
| 8 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £482,500 | £4,883 | £487,383 |
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 | 0.486 % | £2,343 | £484,843 |
| 3 Month Average | 12.881 % | £62,150 | £544,650 |
| 6 Month Average | 9.399 % | £45,349 | £527,849 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £325,000 | £325,000 | HONEYWELL MAIN STREET |
| 12 Apr 2024 | £403,504 | £400,000 | OFFENHAM POST OFFICE MAIN STREET |
| 1 Mar 2024 | £345,305 | £340,000 | ST. MARTINS MAIN STREET |
| 24 Nov 2023 | £171,863 | £167,500 | 9 FERRY LANE |
| 5 Sep 2023 | £414,129 | £405,000 | LYNCOTE MAIN STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Crabtree Leys |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Crabtree Leys |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cedar Walk |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Ferry Lane |
| Sep 2024 | Drugs | Under investigation | On or near Boat Lane |