£209,278
This estimated value is based upon the latest sale price for the house of £138,200 on 20 Aug 2014. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £138,200 | 20 Aug 2014 |
| £145,000 | 24 Jul 2007 |
| £89,950 | 6 Nov 2003 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 2014 the House Price Index for WORCESTERSHIRE was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £138,200 results in an estimated price of approximately £209,278.
| 20 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £138,200 | £71,078 | £209,278 |
The Postcode Pricing Model uses changes in average sales price within the B60 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 | 30.895 % | £42,696 | £180,896 |
| 3 Month Average | 27.204 % | £37,595 | £175,795 |
| 6 Month Average | 46.260 % | £63,930 | £202,130 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £106,360 | £105,000 | FLAT 5 SAMPSON COURT, 16 WORCESTER ROAD |
| 18 Aug 2023 | £196,721 | £195,000 | 25 HILL LANE |
| 5 Jul 2023 | £372,007 | £367,000 | BEAUFORT HOUSE CHANCERY MEWS |
| 1 Jun 2023 | £248,004 | £245,000 | 4 HANOVER PLACE |
| 29 Jul 2022 | £233,128 | £232,500 | 10 HANOVER PLACE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 16 Apr 2014. Using an estimated price of £209,279 means this house is valued at £3,805 per sq meter (£353 per sq foot).
The average size of a house on HILL LANE is 67 sq meters (725 sq feet).
This house is the smallest in the street with a floor area of 55 sq meters (592 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Nightclub | |
| Mar 2024 | Anti-social behaviour | On or near Nightclub |