£161,658
This estimated value is based upon the latest sale price for the house of £129,000 on 2 Mar 2018. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £129,000 | 2 Mar 2018 |
| £132,500 | 30 Mar 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 2018 the House Price Index for WORCESTERSHIRE was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £129,000 results in an estimated price of approximately £161,658.
| 2 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £129,000 | £32,658 | £161,658 |
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 | 6.047 % | £7,800 | £136,800 |
| 3 Month Average | 16.481 % | £21,260 | £150,260 |
| 6 Month Average | 28.293 % | £36,497 | £165,497 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £166,237 | £164,000 | FLAT 5 CRAFT COURT RAILWAY WALK |
| 14 Jul 2023 | £271,149 | £267,500 | 12 STEEL CLOSE |
| 29 Jun 2023 | £143,741 | £142,000 | FLAT 9 FIELD VIEW HOUSE RAILWAY WALK |
| 10 Feb 2023 | £164,889 | £165,000 | FLAT 13 CRAFT COURT RAILWAY WALK |
| 27 Oct 2022 | £371,005 | £375,000 | PLOT C BROMSGROVE ENTERPRISE PARK BRIDGE ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 25 Sep 2017. Using an estimated price of £161,659 means this house is valued at £2,836 per sq meter (£263 per sq foot).
The average size of a house on RAILWAY WALK is 65 sq meters (709 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Bridge Road | |
| Jan 2024 | Anti-social behaviour | On or near Bridge Road | |
| Jan 2024 | Anti-social behaviour | On or near Bridge Road | |
| Jan 2024 | Anti-social behaviour | On or near Bridge Road | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Breme Lodge |