£232,992
This estimated value is based upon the latest sale price for the house of £143,000 on 15 Mar 2007. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£143,000 | 15 Mar 2007 |
£140,000 | 22 Apr 2005 |
Terraced |
Freehold |
Floor Area: 53 sq meters or 570 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 March 2007 the House Price Index for WORCESTERSHIRE was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.932%.Applying this 62.932% change to the original purchase price of £143,000 results in an estimated price of approximately £232,992.
15 Mar 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.9 | 149.7 | 62.932 % | £143,000 | £89,992 | £232,992 |
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 | 6.784 % | £9,700 | £152,700 |
3 Month Average | 44.115 % | £63,083 | £206,083 |
6 Month Average | 49.007 % | £70,080 | £213,080 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £230,860 | £225,000 | 8 CLAYTON DRIVE |
17 Feb 2023 | £163,089 | £162,000 | 8 GARRINGTON ROAD |
20 Jan 2023 | £235,630 | £235,000 | 43 SOUTH ROAD |
17 Oct 2022 | £281,560 | £282,500 | 6 GARRINGTON ROAD |
17 Dec 2021 | £415,534 | £385,000 | 24 FORGE AVENUE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 25 Mar 2015. Using an estimated price of £232,993 means this house is valued at £4,396 per sq meter (£408 per sq foot).
The average size of a house on GARRINGTON ROAD is 59 sq meters (642 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Garrington Road | |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Garrington Road |
Jun 2024 | Anti-social behaviour | On or near Forge Avenue | |
Jun 2024 | Anti-social behaviour | On or near Forge Avenue | |
Apr 2024 | Anti-social behaviour | On or near Parking Area |