£272,505
This estimated value is based upon the latest sale price for the house of £215,000 on 20 Sep 2017. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £215,000 | 20 Sep 2017 |
| £187,500 | 24 Mar 2014 |
| £189,000 | 25 Feb 2008 |
| £72,000 | 4 Dec 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 September 2017 the House Price Index for WORCESTERSHIRE was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £215,000 results in an estimated price of approximately £272,505.
| 20 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £215,000 | £57,505 | £272,505 |
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 | -10.520 % | £-22,617 | £192,382 |
| 3 Month Average | 19.183 % | £41,244 | £256,244 |
| 6 Month Average | 22.457 % | £48,282 | £263,282 |
| 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 83 sq meters or 893 sq feet when measured on 17 Dec 2013. Using an estimated price of £272,505 means this house is valued at £3,283 per sq meter (£305 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 |