£332,184
This estimated value is based upon the latest sale price for the house of £275,000 on 24 Aug 2020. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £275,000 | 24 Aug 2020 |
| £217,000 | 4 Dec 2014 |
| Semi-Detached |
| 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 August 2020 the House Price Index for WORCESTERSHIRE was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £275,000 results in an estimated price of approximately £332,184.
| 24 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £275,000 | £57,184 | £332,184 |
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 | 5.193 % | £14,281 | £289,281 |
| 3 Month Average | -3.734 % | £-10,267 | £264,732 |
| 6 Month Average | 2.860 % | £7,865 | £282,865 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £400,158 | £390,000 | 53 NEW ROAD |
| 10 Nov 2023 | £282,162 | £275,000 | 30 FORDHOUSE ROAD |
| 26 Sep 2023 | £342,551 | £335,000 | 11 DERWENT WAY |
| 6 Jan 2023 | £305,817 | £305,000 | 62 NEW ROAD |
| 24 Nov 2022 | £311,046 | £312,500 | 28 BANT MILL ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 13 Feb 2014. Using an estimated price of £332,184 means this house is valued at £3,288 per sq meter (£305 per sq foot).
The average size of a house on NEW ROAD is 95 sq meters (1,031 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stoney Hill Close |
| 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 |