£198,483
This estimated value is based upon the latest sale price for the house of £107,500 on 10 Feb 2009. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £107,500 | 10 Feb 2009 |
| £59,500 | 5 Mar 1999 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 February 2009 the House Price Index for WORCESTERSHIRE was 80.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.636%.Applying this 84.636% change to the original purchase price of £107,500 results in an estimated price of approximately £198,483.
| 10 Feb 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 148.6 | 84.636 % | £107,500 | £90,983 | £198,483 |
The Postcode Pricing Model uses changes in average sales price within the WR3 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 | 93.811 % | £100,846 | £208,346 |
| 3 Month Average | 66.836 % | £71,848 | £179,348 |
| 6 Month Average | 72.291 % | £77,712 | £185,212 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £591,761 | £583,000 | 54 PARK AVENUE |
| 18 Sep 2023 | £567,253 | £560,000 | 22 PARK AVENUE |
| 23 Aug 2023 | £309,205 | £306,500 | 38 LAVENDER ROAD |
| 14 Jul 2023 | £253,411 | £250,000 | 21 VICTORIA STREET |
| 23 Mar 2023 | £330,615 | £327,500 | 16 LAVENDER ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 20 Jun 2018. Using an estimated price of £198,484 means this house is valued at £2,450 per sq meter (£227 per sq foot).
There is one other house on the street which we know the size of, this is 7 IVY STREET it is 100.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lavender Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Lane |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bourne Street |