£185,524
This estimated value is based upon the latest sale price for the house of £123,000 on 28 Nov 2014. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£123,000 | 28 Nov 2014 |
£132,000 | 7 Dec 2005 |
£129,500 | 9 Jul 2004 |
£94,500 | 16 Dec 2002 |
£48,750 | 14 Mar 1996 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 775 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 November 2014 the House Price Index for WORCESTERSHIRE was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £123,000 results in an estimated price of approximately £185,524.
28 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 149.7 | 50.833 % | £123,000 | £62,524 | £185,524 |
The Postcode Pricing Model uses changes in average sales price within the WR11 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 | 65.005 % | £79,955 | £202,955 |
3 Month Average | 43.898 % | £53,994 | £176,994 |
6 Month Average | 45.893 % | £56,447 | £179,447 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £203,121 | £200,000 | 24A PORT STREET |
15 Dec 2023 | £103,170 | £100,000 | FLAT 2 32A PORT STREET |
6 Apr 2023 | £145,726 | £143,000 | 56 PORT STREET |
5 Aug 2022 | £182,855 | £182,000 | 3 BURFORD ROAD |
1 Jul 2022 | £80,810 | £80,000 | 4 NEW STREET |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 22 Apr 2013. Using an estimated price of £185,524 means this house is valued at £2,576 per sq meter (£239 per sq foot).
The average size of a house on LOWER LEYS is 67 sq meters (731 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Drugs | Under investigation | On or near Lower Leys |
Oct 2024 | Drugs | Under investigation | On or near Lower Leys |
Sep 2024 | Other theft | Unable to prosecute suspect | On or near Lower Leys |
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lower Leys |
Sep 2024 | Criminal damage and arson | Under investigation | On or near Lower Leys |