£238,483
This estimated value is based upon the latest sale price for the house of £172,500 on 28 Jan 2016. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£172,500 | 28 Jan 2016 |
£62,500 | 15 Nov 1999 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 January 2016 the House Price Index for WORCESTERSHIRE was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £172,500 results in an estimated price of approximately £238,483.
28 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 149.7 | 38.251 % | £172,500 | £65,983 | £238,483 |
The Postcode Pricing Model uses changes in average sales price within the DY12 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 | 15.102 % | £26,051 | £198,551 |
3 Month Average | 17.300 % | £29,841 | £202,341 |
6 Month Average | 25.690 % | £44,316 | £216,816 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £288,319 | £281,000 | 31 WATERLOO ROAD |
1 Sep 2023 | £232,628 | £227,500 | 40 WATERLOO ROAD |
18 Aug 2023 | £305,459 | £299,950 | 18 PINETREE ROAD |
3 Mar 2023 | £290,349 | £285,500 | 26 SEVERN WAY |
19 Oct 2022 | £279,068 | £280,000 | 11 PINETREE ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 12 Nov 2015. Using an estimated price of £238,484 means this house is valued at £3,018 per sq meter (£280 per sq foot).
The average size of a house on SEVERN WAY is 82 sq meters (887 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Severn Way |
Jun 2024 | Other theft | Unable to prosecute suspect | On or near Waterloo Road |
Jul 2024 | Public order | Under investigation | On or near Pinetree Road |
Jul 2024 | Anti-social behaviour | On or near The Orchard | |
Jul 2024 | Public order | Under investigation | On or near The Orchard |