£184,650
This estimated value is based upon the latest sale price for the house of £137,500 on 13 May 2016. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £137,500 | 13 May 2016 |
| £125,000 | 28 Jul 2006 |
| £133,500 | 7 May 2004 |
| Semi-Detached |
| 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 May 2016 the House Price Index for WORCESTERSHIRE was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £137,500 results in an estimated price of approximately £184,650.
| 13 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £137,500 | £47,150 | £184,650 |
The Postcode Pricing Model uses changes in average sales price within the B61 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 | 89.142 % | £122,570 | £260,070 |
| 3 Month Average | 44.876 % | £61,704 | £199,204 |
| 6 Month Average | 54.288 % | £74,646 | £212,146 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £289,283 | £285,000 | 2 MELBOURNE ROAD |
| 8 Nov 2023 | £233,456 | £230,000 | 52 YORK ROAD |
| 30 Sep 2022 | £233,117 | £235,000 | 91 KING GEORGE CLOSE |
| 25 Mar 2022 | £202,071 | £195,000 | 12 LINCOLN ROAD |
| 17 Mar 2022 | £316,060 | £305,000 | 53 BROAD STREET |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 9 Dec 2015. Using an estimated price of £184,651 means this house is valued at £2,337 per sq meter (£217 per sq foot).
The average size of a house on LINCOLN ROAD is 92 sq meters (992 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Lincoln Road | |
| Feb 2024 | Anti-social behaviour | On or near Lincoln Road | |
| Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near Lincoln Road |
| Feb 2024 | Anti-social behaviour | On or near Lincoln Road | |
| Jan 2024 | Anti-social behaviour | On or near Lincoln Road |