£220,061
This estimated value is based upon the latest sale price for the house of £175,000 on 6 Apr 2018. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£175,000 | 6 Apr 2018 |
£140,000 | 2 May 2006 |
£115,000 | 17 Apr 2003 |
£111,000 | 3 Sep 2002 |
£77,850 | 9 Nov 2001 |
Terraced |
Freehold |
Floor Area: 67 sq meters or 721 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 2018 the House Price Index for WORCESTERSHIRE was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £175,000 results in an estimated price of approximately £220,061.
6 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.0 | 149.7 | 25.749 % | £175,000 | £45,061 | £220,061 |
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 | 80.026 % | £140,045 | £315,045 |
3 Month Average | 25.154 % | £44,020 | £219,020 |
6 Month Average | 28.268 % | £49,468 | £224,468 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £283,718 | £275,000 | 79 HENWICK ROAD |
8 Dec 2023 | £281,139 | £272,500 | 15 ARROWSMITH AVENUE |
17 Nov 2023 | £256,511 | £250,000 | 13 HENWICK AVENUE |
19 Oct 2023 | £228,182 | £223,000 | 10 ARROWSMITH AVENUE |
30 Jun 2023 | £224,499 | £220,000 | 7 ARROWSMITH AVENUE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 17 Jan 2018. Using an estimated price of £220,061 means this house is valued at £3,284 per sq meter (£305 per sq foot).
The average size of a house on ARROWSMITH AVENUE is 79 sq meters (860 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Arrowsmith Avenue |
Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Westbourne Close |
Sep 2024 | Vehicle crime | Under investigation | On or near Henwick Avenue |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Melrose Close |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Comer Avenue |