£502,765
This estimated value is based upon the latest sale price for the house of £166,500 on 28 Mar 2002. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£166,500 | 28 Mar 2002 |
Terraced |
Freehold |
Floor Area: 114 sq meters or 1,227 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 March 2002 the House Price Index for WORCESTERSHIRE was 49.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 201.961%.Applying this 201.961% change to the original purchase price of £166,500 results in an estimated price of approximately £502,765.
28 Mar 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
49.2 | 148.6 | 201.961 % | £166,500 | £336,265 | £502,765 |
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 | 157.917 % | £262,931 | £429,431 |
3 Month Average | 176.505 % | £293,881 | £460,381 |
6 Month Average | 180.942 % | £301,268 | £467,768 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £188,295 | £185,000 | 15 STROMA AVENUE |
28 Nov 2023 | £268,982 | £265,000 | 23 STROMA AVENUE |
25 Nov 2022 | £291,469 | £295,000 | 9 STROMA AVENUE |
1 Nov 2021 | £302,824 | £280,000 | 10 BALA WAY |
4 Dec 2020 | £263,974 | £230,000 | 6 LUNDY ROW |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 2 Apr 2012. Using an estimated price of £502,766 means this house is valued at £4,410 per sq meter (£409 per sq foot).
The average size of a house on FARNE AVENUE is 109 sq meters (1,183 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dragonfly Green |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Arran Place |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Arran Place |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Fox Drive |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tay Avenue |