£477,834
This estimated value is based upon the latest sale price for the house of £446,000 on 9 Dec 2021. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £446,000 | 9 Dec 2021 |
| £307,500 | 26 Feb 2016 |
| £101,000 | 19 Dec 1997 |
| Terraced |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 December 2021 the House Price Index for WORCESTERSHIRE was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £446,000 results in an estimated price of approximately £477,834.
| 9 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £446,000 | £31,834 | £477,834 |
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 | 49.779 % | £222,014 | £668,014 |
| 3 Month Average | 25.103 % | £111,958 | £557,958 |
| 6 Month Average | 3.610 % | £16,100 | £462,100 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £351,144 | £345,000 | 20 BROADWAY ROAD |
| 10 Nov 2023 | £187,780 | £185,000 | 1 CORONATION STREET |
| 10 Mar 2023 | £222,092 | £220,000 | 10 MONTFORT STREET |
| 2 Sep 2022 | £436,475 | £440,000 | 3 SOLENT PLACE |
| 19 Aug 2022 | £478,711 | £480,000 | 5 SOLENT PLACE |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 10 May 2016. Using an estimated price of £477,834 means this house is valued at £3,539 per sq meter (£328 per sq foot).
The average size of a house on BROADWAY ROAD is 171 sq meters (1,841 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Other theft | Under investigation | On or near Supermarket |
| Mar 2024 | Anti-social behaviour | On or near Supermarket | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Supermarket |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |