£397,328
This estimated value is based upon the latest sale price for the house of £318,000 on 2 Feb 2018. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £318,000 | 2 Feb 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 2018 the House Price Index for WORCESTERSHIRE was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £318,000 results in an estimated price of approximately £397,328.
| 2 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.6 | 24.946 % | £318,000 | £79,328 | £397,328 |
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 | 52.280 % | £166,248 | £484,248 |
| 3 Month Average | 36.921 % | £117,408 | £435,408 |
| 6 Month Average | 17.235 % | £54,805 | £372,805 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £183,205 | £180,000 | 18 THE LEYS |
| 27 Apr 2023 | £80,871 | £80,000 | FLAT 3 87 PORT STREET |
| 9 Feb 2023 | £184,876 | £185,000 | 7 THE LEYS |
| 10 Oct 2022 | £197,870 | £200,000 | 15 LIME STREET |
| 30 Sep 2022 | £495,945 | £499,950 | 24 NORTHWICK ROAD |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 16 Oct 2017. Using an estimated price of £397,328 means this house is valued at £2,921 per sq meter (£271 per sq foot).
The average size of a house on NORTHWICK ROAD is 123 sq meters (1,332 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Northwick Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Northwick Road |
| Feb 2024 | Drugs | Under investigation | On or near Northwick Road |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Northwick Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Northwick Road |