£395,976
This estimated value is based upon the latest sale price for the house of £232,500 on 20 Aug 2012. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £232,500 | 20 Aug 2012 |
| £165,000 | 12 Dec 2001 |
| £126,500 | 3 Jul 1998 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 August 2012 the House Price Index for WORCESTERSHIRE was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £232,500 results in an estimated price of approximately £395,976.
| 20 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.312 % | £232,500 | £163,476 | £395,976 |
The Postcode Pricing Model uses changes in average sales price within the WR1 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 | 116.094 % | £269,918 | £502,418 |
| 3 Month Average | 126.800 % | £294,810 | £527,310 |
| 6 Month Average | 49.078 % | £114,106 | £346,606 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £287,515 | £285,000 | 18 CHARTER PLACE |
| 23 Jun 2023 | £146,778 | £145,000 | 14 KING EDMUNDS SQUARE |
| 16 Jun 2023 | £156,901 | £155,000 | 16 KING EDMUNDS SQUARE |
| 19 Aug 2022 | £149,597 | £150,000 | 21 MOOR STREET |
| 22 Jul 2022 | £355,958 | £355,000 | 6 KING JOHNS SQUARE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 24 Apr 2012. Using an estimated price of £395,976 means this house is valued at £4,257 per sq meter (£395 per sq foot).
The average size of a house on CHARTER PLACE is 91 sq meters (982 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Charter Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Castle Street |
| Mar 2024 | Anti-social behaviour | On or near Castle Street | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Street |
| Mar 2024 | Drugs | Under investigation | On or near Castle Street |