£196,932
This estimated value is based upon the latest sale price for the house of £143,500 on 11 Jan 2016. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £143,500 | 11 Jan 2016 |
| £95,000 | 6 Sep 2004 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2016 the House Price Index for WORCESTERSHIRE was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £143,500 results in an estimated price of approximately £196,932.
| 11 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £143,500 | £53,432 | £196,932 |
The Postcode Pricing Model uses changes in average sales price within the B98 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 | 75.454 % | £108,276 | £251,776 |
| 3 Month Average | 47.125 % | £67,623 | £211,123 |
| 6 Month Average | 44.438 % | £63,768 | £207,268 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £277,427 | £275,000 | 1 ARROWDALE ROAD |
| 14 Jul 2023 | £263,547 | £260,000 | 14 ARROWDALE ROAD |
| 7 Mar 2023 | £157,484 | £156,000 | 4 ARTHUR STREET |
| 13 Feb 2023 | £174,882 | £175,000 | 32 FARM ROAD |
| 23 Sep 2022 | £287,677 | £290,000 | 17 ARROWDALE ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 25 Nov 2015. Using an estimated price of £196,933 means this house is valued at £2,492 per sq meter (£231 per sq foot).
The average size of a house on ARTHUR STREET is 96 sq meters (1,042 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Park Court |
| Mar 2024 | Drugs | Under investigation | On or near Park Court |