£185,995
This estimated value is based upon the latest sale price for the house of £115,000 on 9 Mar 2007. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
There has been one burglary within the last year on or near Albert Street
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| Price Paid | Date |
|---|---|
| £115,000 | 9 Mar 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 Mar 2024 is 148.6 which is a change of 61.735%.Applying this 61.735% change to the original purchase price of £115,000 results in an estimated price of approximately £185,995.
| 9 Mar 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 148.6 | 61.735 % | £115,000 | £70,995 | £185,995 |
The Postcode Pricing Model uses changes in average sales price within the B97 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 | 87.123 % | £100,191 | £215,191 |
| 3 Month Average | 74.699 % | £85,904 | £200,904 |
| 6 Month Average | 63.233 % | £72,718 | £187,718 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2023 | £197,391 | £195,000 | 132 BIRMINGHAM ROAD |
| 9 Jun 2023 | £86,042 | £85,000 | 17 BRITISH MILLS, 80 PROSPECT HILL |
| 25 Nov 2022 | £306,290 | £310,000 | 122 BIRMINGHAM ROAD |
| 20 Jul 2022 | £155,418 | £155,000 | 4 BRITISH MILLS, 80 PROSPECT HILL |
| 14 Jun 2022 | £253,584 | £250,000 | 3 VILLAGE GARDENS |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 4 Oct 2019. Using an estimated price of £185,995 means this house is valued at £3,646 per sq meter (£338 per sq foot).
The average size of a house on PROSPECT HILL is 77 sq meters (836 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Albert Street |
| Feb 2024 | Anti-social behaviour | On or near Albert Street | |
| Feb 2024 | Anti-social behaviour | On or near Albert Street | |
| Feb 2024 | Anti-social behaviour | On or near Albert Street | |
| Feb 2024 | Anti-social behaviour | On or near Albert Street |