£501,238
This estimated value is based upon the latest sale price for the house of £310,000 on 10 Dec 2013. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £310,000 | 10 Dec 2013 |
| £289,000 | 6 Aug 2004 |
| £249,500 | 19 Mar 2004 |
| £218,950 | 13 Dec 2002 |
| Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 December 2013 the House Price Index for WORCESTERSHIRE was 92.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.690%.Applying this 61.690% change to the original purchase price of £310,000 results in an estimated price of approximately £501,238.
| 10 Dec 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 149.7 | 61.690 % | £310,000 | £191,238 | £501,238 |
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 | 10.721 % | £33,234 | £343,234 |
| 3 Month Average | 45.917 % | £142,344 | £452,344 |
| 6 Month Average | 42.221 % | £130,885 | £440,885 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Oct 2023 | £557,666 | £545,000 | 4 DAVENHAM ROAD |
| 7 Aug 2023 | £422,622 | £415,000 | 15 DAVENHAM ROAD |
| 2 Aug 2023 | £483,724 | £475,000 | 1 OSBORNE ROAD |
| 5 Jun 2023 | £428,589 | £420,000 | 7 DAVENHAM ROAD |
| 31 Mar 2023 | £528,832 | £520,000 | 4 TRIANON ROAD |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 17 Apr 2013. Using an estimated price of £501,239 means this house is valued at £3,480 per sq meter (£323 per sq foot).
The average size of a house on ROYAL WORCESTER CRESCENT is 123 sq meters (1,333 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Spode Gardens |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Verona Road |
| Jul 2024 | Other crime | Under investigation | On or near Royal Worcester Crescent |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Royal Worcester Crescent |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Royal Worcester Crescent |