£334,400
This estimated value is based upon the latest sale price for the house of £300,000 on 1 Oct 2021. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £300,000 | 1 Oct 2021 |
| £195,000 | 15 Sep 2005 |
| £57,750 | 16 May 1997 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2021 the House Price Index for WORCESTERSHIRE was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £300,000 results in an estimated price of approximately £334,400.
| 1 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £300,000 | £34,400 | £334,400 |
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 | -30.383 % | £-91,147 | £208,852 |
| 3 Month Average | -9.015 % | £-27,044 | £272,955 |
| 6 Month Average | -4.656 % | £-13,967 | £286,032 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £412,439 | £405,000 | 24 WELLINGTON ROAD |
| 13 Apr 2023 | £1,044,537 | £1,025,000 | 80 NEW ROAD |
| 6 Jan 2023 | £305,817 | £305,000 | 62 NEW ROAD |
| 4 Aug 2022 | £256,198 | £255,000 | APARTMENT 2 CHESTER HOUSE, 47 WELLINGTON ROAD |
| 27 Jun 2022 | £214,587 | £210,000 | 15 STONEHOUSE ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 19 Dec 2014. Using an estimated price of £334,401 means this house is valued at £3,447 per sq meter (£320 per sq foot).
The average size of a house on WELLINGTON ROAD is 137 sq meters (1,479 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wellington Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Stonehouse Road |
| May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Stonehouse Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stonehouse Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Stonehouse Road |