£746,345
This estimated value is based upon the latest sale price for the house of £580,000 on 5 May 2017. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£580,000 | 5 May 2017 |
£420,000 | 11 Jul 2008 |
Detached |
Freehold |
Floor Area: 205 sq meters or 2,206 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 May 2017 the House Price Index for WORCESTERSHIRE was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £580,000 results in an estimated price of approximately £746,345.
5 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 148.6 | 28.680 % | £580,000 | £166,345 | £746,345 |
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 | 8.888 % | £51,548 | £631,548 |
3 Month Average | 13.063 % | £75,767 | £655,767 |
6 Month Average | 27.443 % | £159,171 | £739,171 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Sep 2023 | £496,346 | £490,000 | 8 DAVENPORT DRIVE |
26 Sep 2023 | £339,339 | £335,000 | 11 DERWENT WAY |
30 Aug 2023 | £355,611 | £352,500 | 64 ARUNDEL ROAD |
30 Aug 2023 | £408,574 | £405,000 | 24 WELLINGTON ROAD |
27 Apr 2023 | £318,429 | £315,000 | 3 BOWMORE ROAD |
This house has a floor area of 205 sq meters or 2,206 sq feet when measured on 11 May 2015. Using an estimated price of £746,346 means this house is valued at £3,640 per sq meter (£338 per sq foot).
The average size of a house on NEW ROAD is 95 sq meters (1,031 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Hartford Road | |
Jan 2024 | Anti-social behaviour | On or near Hartford Road | |
Jan 2024 | Anti-social behaviour | On or near Hartford Road | |
Jan 2024 | Anti-social behaviour | On or near Hartford Road | |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Berkeley Close |