£310,357
This estimated value is based upon the latest sale price for the house of £250,000 on 26 Oct 2018. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £250,000 | 26 Oct 2018 |
| £194,995 | 31 Jan 2007 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 October 2018 the House Price Index for WORCESTERSHIRE was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £250,000 results in an estimated price of approximately £310,357.
| 26 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £250,000 | £60,357 | £310,357 |
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 | -20.676 % | £-51,690 | £198,309 |
| 3 Month Average | 5.812 % | £14,529 | £264,529 |
| 6 Month Average | 11.857 % | £29,643 | £279,643 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2024 | £166,445 | £165,000 | FLAT 3 CRAFT COURT RAILWAY WALK |
| 13 Oct 2023 | £349,948 | £342,000 | 3 STEEL CLOSE |
| 29 Jun 2023 | £144,904 | £142,000 | FLAT 9 FIELD VIEW HOUSE RAILWAY WALK |
| 10 Feb 2023 | £166,110 | £165,000 | FLAT 13 CRAFT COURT RAILWAY WALK |
| 27 Oct 2022 | £373,752 | £375,000 | PLOT C BROMSGROVE ENTERPRISE PARK BRIDGE ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 2 Aug 2018. Using an estimated price of £310,358 means this house is valued at £3,072 per sq meter (£285 per sq foot).
The average size of a house on BRIDGE ROAD is 98 sq meters (1,059 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Bridge Road |
| May 2024 | Violence and sexual offences | Under investigation | On or near Compass Way |
| Jul 2024 | Anti-social behaviour | On or near Maiden Way | |
| Jul 2024 | Anti-social behaviour | On or near Design Close |