£140,748
This estimated value is based upon the latest sale price for the house of £116,000 on 27 Mar 2020. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £116,000 | 27 Mar 2020 |
| Terraced |
| Leasehold |
| Floor Area: 113 sq meters or 1,224 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 March 2020 the House Price Index for WORCESTERSHIRE was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £116,000 results in an estimated price of approximately £140,748.
| 27 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £116,000 | £24,748 | £140,748 |
The Postcode Pricing Model uses changes in average sales price within the B61 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 | -12.009 % | £-13,930 | £102,069 |
| 3 Month Average | 19.327 % | £22,419 | £138,419 |
| 6 Month Average | 3.621 % | £4,200 | £120,200 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Feb 2023 | £123,324 | £122,500 | 115 OLDFIELD ROAD |
| 30 Sep 2022 | £234,843 | £235,000 | 91 KING GEORGE CLOSE |
| 27 Jul 2022 | £88,386 | £87,500 | FLAT 6 TURNERS BARN COURT OLDFIELD ROAD |
| 7 Feb 2022 | £129,416 | £122,500 | 16 ARLINGHAM AVENUE |
| 3 Feb 2022 | £116,210 | £110,000 | 25 OLDFIELD ROAD |
This house has a floor area of 113 sq meters or 1,224 sq feet when measured on 30 Nov 2011. Using an estimated price of £140,749 means this house is valued at £1,236 per sq meter (£114 per sq foot).
There is one other house on the street which we know the size of, this is 10 RED PEAR DRIVE it is 113.8
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Red Pear Drive | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Red Pear Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Red Pear Drive |
| Jul 2024 | Anti-social behaviour | On or near Red Pear Drive | |
| Jul 2024 | Anti-social behaviour | On or near Red Pear Drive |