£193,779
This estimated value is based upon the latest sale price for the house of £162,000 on 25 Sep 2020. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£162,000 | 25 Sep 2020 |
£85,000 | 31 Oct 2002 |
Terraced |
Freehold |
Floor Area: 60 sq meters or 650 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 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £162,000 results in an estimated price of approximately £193,779.
25 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 149.7 | 19.617 % | £162,000 | £31,779 | £193,779 |
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 | -0.932 % | £-1,510 | £160,489 |
3 Month Average | 10.387 % | £16,827 | £178,827 |
6 Month Average | 10.126 % | £16,404 | £178,404 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 May 2024 | £182,500 | £182,500 | 10 BROMSGROVE STREET |
30 Apr 2024 | £226,971 | £225,000 | 14 MELBOURNE STREET |
4 Oct 2023 | £245,578 | £240,000 | 32 MELBOURNE STREET |
31 Aug 2023 | £549,918 | £540,000 | 40 DROITWICH ROAD |
10 Aug 2022 | £286,339 | £285,000 | 27 GREGORYS MILL STREET |
This house has a floor area of 60 sq meters or 650 sq feet when measured on 1 Aug 2011. Using an estimated price of £193,780 means this house is valued at £3,204 per sq meter (£297 per sq foot).
The average size of a house on BROMSGROVE STREET is 74 sq meters (798 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Bromsgrove Street | |
Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Crown Street |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crown Street |
Sep 2024 | Public order | Unable to prosecute suspect | On or near Alma Street |
Sep 2024 | Public order | Unable to prosecute suspect | On or near Alma Street |