£267,856
This estimated value is based upon the latest sale price for the house of £226,500 on 24 Sep 2020. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£226,500 | 24 Sep 2020 |
£203,000 | 25 May 2018 |
£167,000 | 11 Apr 2014 |
£122,000 | 13 Dec 2002 |
Terraced |
Freehold |
Floor Area: 90 sq meters or 968 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 £226,500 results in an estimated price of approximately £267,856.
24 Sep 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 148.0 | 18.259 % | £226,500 | £41,356 | £267,856 |
The Postcode Pricing Model uses changes in average sales price within the B97 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 | 34.678 % | £78,546 | £305,046 |
3 Month Average | 31.787 % | £71,998 | £298,498 |
6 Month Average | 27.968 % | £63,347 | £289,847 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £266,621 | £265,000 | 5 FERNEY HILL AVENUE |
15 Aug 2023 | £278,695 | £277,000 | 161 VICARAGE CRESCENT |
4 Jul 2023 | £378,581 | £375,000 | 62 BROMSGROVE ROAD |
27 Jun 2023 | £239,946 | £238,000 | 21 FERNEY HILL AVENUE |
14 Oct 2022 | £300,533 | £305,000 | 5 COPPICE CLOSE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 1 Dec 2017. Using an estimated price of £267,856 means this house is valued at £2,976 per sq meter (£276 per sq foot).
The average size of a house on BROMSGROVE ROAD is 102 sq meters (1,108 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Coppice Close |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Coppice Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lowans Hill View |
Apr 2024 | Anti-social behaviour | On or near Lowans Hill View | |
Jan 2024 | Anti-social behaviour | On or near Holmwood Drive |