£179,487
This estimated value is based upon the latest sale price for the house of £175,000 on 20 Apr 2022. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £175,000 | 20 Apr 2022 |
| £140,000 | 29 Nov 2019 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 April 2022 the House Price Index for WORCESTERSHIRE was 144.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 2.564%.Applying this 2.564% change to the original purchase price of £175,000 results in an estimated price of approximately £179,487.
| 20 Apr 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.0 | 2.564 % | £175,000 | £4,487 | £179,487 |
The Postcode Pricing Model uses changes in average sales price within the WR5 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 | -5.029 % | £-8,800 | £166,199 |
| 3 Month Average | 8.839 % | £15,468 | £190,468 |
| 6 Month Average | 13.965 % | £24,437 | £199,437 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £183,471 | £180,000 | 3 STANLEY STREET |
| 11 Dec 2023 | £295,592 | £290,000 | 24 ORCHARD STREET |
| 3 Nov 2023 | £178,289 | £176,000 | 114 CAVENDISH STREET |
| 28 Feb 2023 | £492,670 | £495,000 | PRICE & WESTON ORCHARD STREET |
| 7 Feb 2023 | £278,682 | £280,000 | 98 CAVENDISH STREET |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 22 Mar 2019. Using an estimated price of £179,487 means this house is valued at £2,188 per sq meter (£203 per sq foot).
The average size of a house on ORCHARD STREET is 88 sq meters (950 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stanley Street |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stanley Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Orchard Street |
| Feb 2024 | Drugs | Under investigation | On or near Orchard Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Street |