£543,090
This estimated value is based upon the latest sale price for the house of £465,000 on 27 Nov 2020. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £465,000 | 27 Nov 2020 |
| 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 November 2020 the House Price Index for WORCESTERSHIRE was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £465,000 results in an estimated price of approximately £543,090.
| 27 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £465,000 | £78,090 | £543,090 |
The Postcode Pricing Model uses changes in average sales price within the B96 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 | -14.578 % | £-67,785 | £397,214 |
| 3 Month Average | -4.195 % | £-19,505 | £445,494 |
| 6 Month Average | 13.619 % | £63,328 | £528,328 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £533,192 | £525,000 | 33 THE RIDGEWAY |
| 3 Mar 2023 | £289,840 | £285,000 | 94 THE RIDGEWAY |
| 24 Feb 2023 | £226,513 | £225,000 | 47A THE RIDGEWAY |
| 27 Jul 2022 | £444,453 | £440,000 | WINDYRIDGE, 8 THE RIDGEWAY |
| 8 Jul 2022 | £575,769 | £570,000 | 5 PUDDLESTONE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near The Ridgeway |
| May 2024 | Violence and sexual offences | Under investigation | On or near Wood Lane |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wood Lane |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Puddlestone Close |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Mearse Lane |