£239,642
This estimated value is based upon the latest sale price for the house of £194,000 on 1 Feb 2019. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £194,000 | 1 Feb 2019 |
| £160,000 | 18 Dec 2012 |
| £102,500 | 24 Jul 2009 |
| £73,000 | 7 Dec 2001 |
| £45,000 | 7 Nov 1997 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 February 2019 the House Price Index for WORCESTERSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £194,000 results in an estimated price of approximately £239,642.
| 1 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £194,000 | £45,642 | £239,642 |
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 | 51.789 % | £100,470 | £294,470 |
| 3 Month Average | 101.616 % | £197,134 | £391,134 |
| 6 Month Average | 36.392 % | £70,600 | £264,600 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £330,788 | £325,000 | 69 WATERWORKS ROAD |
| 15 Sep 2023 | £298,821 | £295,000 | 35 SANDYS ROAD |
| 24 Apr 2023 | £192,068 | £190,000 | 10 SANDYS ROAD |
| 31 Mar 2023 | £328,091 | £325,000 | 26 WATERWORKS ROAD |
| 24 Feb 2023 | £262,823 | £263,000 | 29 WATERWORKS ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 10 Aug 2012. Using an estimated price of £239,642 means this house is valued at £3,238 per sq meter (£300 per sq foot).
The average size of a house on WATERWORKS ROAD is 92 sq meters (991 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Waterworks Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Waterworks Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pitchcroft Lane |