£146,877
This estimated value is based upon the latest sale price for the house of £145,000 on 22 Sep 2023. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £145,000 | 22 Sep 2023 |
| £148,000 | 22 Dec 2006 |
| £122,000 | 8 Nov 2004 |
| £60,000 | 28 Jul 1999 |
| £55,000 | 10 Oct 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 75 sq meters or 807 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 September 2023 the House Price Index for WORCESTERSHIRE was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £145,000 results in an estimated price of approximately £146,877.
| 22 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 148.6 | 1.295 % | £145,000 | £1,877 | £146,877 |
The Postcode Pricing Model uses changes in average sales price within the WR1 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 | 41.265 % | £59,834 | £204,834 |
| 3 Month Average | 74.001 % | £107,302 | £252,302 |
| 6 Month Average | 21.387 % | £31,010 | £176,010 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £356,233 | £350,000 | 32 THE SHAMBLES |
| 30 Nov 2023 | £304,508 | £300,000 | 2 NEW STREET |
| 22 Sep 2023 | £146,878 | £145,000 | FLAT 3 NASH HOUSE, 8 NEW STREET |
| 22 Sep 2023 | £126,619 | £125,000 | 8 MEALCHEAPEN STREET |
| 11 Aug 2023 | £254,224 | £252,000 | 53 NEW STREET |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 18 Jul 2019. Using an estimated price of £146,878 means this house is valued at £1,958 per sq meter (£181 per sq foot).
The average size of a house on NEW STREET is 47 sq meters (513 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Shopping Area | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shopping Area |
| Mar 2024 | Possession of weapons | Under investigation | On or near Shopping Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Shopping Area |