£579,467
This estimated value is based upon the latest sale price for the house of £490,000 on 22 Sep 2020. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £490,000 | 22 Sep 2020 |
| £230,000 | 29 Nov 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 173 sq meters or 1,862 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 2020 the House Price Index for WORCESTERSHIRE was 125.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 18.259%.Applying this 18.259% change to the original purchase price of £490,000 results in an estimated price of approximately £579,467.
| 22 Sep 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.0 | 18.259 % | £490,000 | £89,467 | £579,467 |
The Postcode Pricing Model uses changes in average sales price within the WR2 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 | 41.839 % | £205,012 | £695,012 |
| 3 Month Average | 57.409 % | £281,304 | £771,304 |
| 6 Month Average | 32.568 % | £159,583 | £649,583 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £437,661 | £435,000 | 94 FOLEY ROAD |
| 23 Aug 2023 | £251,530 | £250,000 | 112 FOLEY ROAD |
| 2 Aug 2023 | £266,621 | £265,000 | 79 FOLEY ROAD |
| 8 Mar 2023 | £188,016 | £187,000 | 82 MALVERN ROAD |
| 11 Nov 2022 | £211,569 | £215,000 | 116 FOLEY ROAD |
This house has a floor area of 173 sq meters or 1,862 sq feet when measured on 13 Dec 2019. Using an estimated price of £579,468 means this house is valued at £3,349 per sq meter (£311 per sq foot).
The average size of a house on MALVERN ROAD is 145 sq meters (1,570 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Vernon Park Road |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Vernon Park Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Vernon Park Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pitmaston Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Winchester Avenue |