£272,703
This estimated value is based upon the latest sale price for the house of £222,000 on 16 Jul 2019. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £222,000 | 16 Jul 2019 |
| £82,000 | 9 Aug 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 July 2019 the House Price Index for WORCESTERSHIRE was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.839%.Applying this 22.839% change to the original purchase price of £222,000 results in an estimated price of approximately £272,703.
| 16 Jul 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.839 % | £222,000 | £50,703 | £272,703 |
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 | -16.555 % | £-36,752 | £185,247 |
| 3 Month Average | 4.299 % | £9,544 | £231,544 |
| 6 Month Average | 14.227 % | £31,583 | £253,583 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £182,443 | £180,101 | FLAT 31 BARBOURNE WORKS NORTHWICK AVENUE |
| 14 Jul 2023 | £252,387 | £250,000 | 21 VICTORIA STREET |
| 10 Jul 2023 | £257,435 | £255,000 | 30 VICTORIA STREET |
| 8 Jun 2023 | £157,275 | £156,000 | FLAT 22 BARBOURNE WORKS NORTHWICK AVENUE |
| 6 Apr 2023 | £163,213 | £162,000 | FLAT 38 BARBOURNE WORKS NORTHWICK AVENUE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 5 Sep 2018. Using an estimated price of £272,704 means this house is valued at £3,208 per sq meter (£298 per sq foot).
The average size of a house on NORTHWICK AVENUE is 74 sq meters (798 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Victoria Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Petrol Station |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bourne Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Avenue |