£407,623
This estimated value is based upon the latest sale price for the house of £134,000 on 4 Mar 2002. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £134,000 | 4 Mar 2002 |
| £124,500 | 7 Jul 2000 |
| £96,500 | 10 Jan 1997 |
| 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 March 2002 the House Price Index for WORCESTERSHIRE was 49.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 204.197%.Applying this 204.197% change to the original purchase price of £134,000 results in an estimated price of approximately £407,623.
| 4 Mar 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.2 | 149.7 | 204.197 % | £134,000 | £273,623 | £407,623 |
The Postcode Pricing Model uses changes in average sales price within the WR9 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 | 161.511 % | £216,425 | £350,425 |
| 3 Month Average | 184.339 % | £247,014 | £381,014 |
| 6 Month Average | 171.331 % | £229,583 | £363,583 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £259,251 | £257,000 | 35 FALCON CLOSE |
| 20 Dec 2023 | £443,632 | £430,000 | 49 FALCON CLOSE |
| 10 Oct 2023 | £191,857 | £187,500 | 19 FALCON CLOSE |
| 17 Mar 2023 | £305,095 | £300,000 | 12 TAGWELL GRANGE |
| 28 Feb 2023 | £173,761 | £172,600 | 20 TAGWELL CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Falcon Close |
| Jul 2024 | Public order | Under investigation | On or near Falcon Close |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Falcon Close |