£493,134
This estimated value is based upon the latest sale price for the house of £282,500 on 2 Nov 2009. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £282,500 | 2 Nov 2009 |
| £304,000 | 16 Feb 2007 |
| £122,500 | 16 Nov 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,388 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 November 2009 the House Price Index for WORCESTERSHIRE was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.561%.Applying this 74.561% change to the original purchase price of £282,500 results in an estimated price of approximately £493,134.
| 2 Nov 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.561 % | £282,500 | £210,634 | £493,134 |
The Postcode Pricing Model uses changes in average sales price within the WR3 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 | 84.734 % | £239,372 | £521,872 |
| 3 Month Average | 65.985 % | £186,408 | £468,908 |
| 6 Month Average | 65.292 % | £184,451 | £466,951 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £330,788 | £325,000 | 69 WATERWORKS ROAD |
| 31 Mar 2023 | £328,091 | £325,000 | 26 WATERWORKS ROAD |
| 24 Feb 2023 | £262,823 | £263,000 | 29 WATERWORKS ROAD |
| 20 Dec 2021 | £385,696 | £360,000 | 71 PARK AVENUE |
| 1 Dec 2021 | £187,491 | £175,000 | 61 WATERWORKS ROAD |
This house has a floor area of 128 sq meters or 1,388 sq feet when measured on 4 Aug 2009. Using an estimated price of £493,135 means this house is valued at £3,823 per sq meter (£355 per sq foot).
The average size of a house on TOWER ROAD is 190 sq meters (2,048 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Kepax Gardens |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Waterworks Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Waterworks Road |